NJBPU Initiates Stakeholder Process to Reinvigorate Solar Market
On November 9, 2012, the New Jersey Board of Public Utilities ("NJBPU") held its first public stakeholder meeting on the recent amendments to the Energy Discount and Energy Competition Act, N.J.S.A. § 48:3-49 et seq. (the "Amendments"), which collectively aim to enhance the state's solar market. The Amendments, also known as the Solar Act, contain a number of controversial provisions, including a new NJBPU review and approval process for solar generation facilities and new incentive programs. How the NJBPU implements these provisions will create winners and losers, and the stakeholder meeting offered the public its first opportunity to submit testimony to the NJBPU. NJBPU is working under an ambitious timetable to finalize the implementation of certain aspects of the new law, and in furtherance of this effort, NJBPU is accepting written testimony relative to this initial stakeholder meeting until November 23, 2012. Additional opportunities for stakeholder input are anticipated as the stakeholder and NJBPU's related rule making processes progress.