New Jersey Board of Public Utilities Action on Solar Alternative Compliance Payment Prices

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By Order dated September 23, 2011 (see attached), the New Jersey Board of Public Utilities (NJBPU) released, for public comment, a straw proposal from BPU staff which reduces the Solar Alternative Compliance Payment (SACP) level by 20 percent for the 2017 Energy Year (June 1, 2016 through May 31, 2017). If adopted, the SACP for Energy Year 2017 would be $475. Under this proposal the SACP would be reduced by an additional 2.54% each year thereafter through the 2026 Energy Year (June 1, 2025 through May 31, 2026). The current SACP Schedule, which runs through the 2016 Energy Year (June 1, 2015 through May 31, 2016), will remain unchanged.

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