Demand for New Jersey Solar Rebates Surges
The New Jersey Board of Public Utilities (NJBPU) approved policy amendments for New Jersey's Clean Energy Program that address the allocation of funds to schools and other entities for solar energy projects. Modifications are in response to a surge in the demand by public schools for the solar energy rebates, which can save up to 60% off the cost of installation.
Under the revised policy, clear criteria define when and how the school project rebates apply, as well as the maximum dollar amounts for which projects may be eligible. The school rebate application now will reflect criteria that will enable the NJBPU's Office of Clean Energy to allocate funds to the districts with the greatest need. Specifically, the new policy includes a formula that takes into account a district's enrollment and its level of state-provided school aid to determine the amount of funds it will be eligible to receive.
For more information, read the April 14, 2005 issue of Renewable Energy Access.