A 6044 New Jersey General Assembly · 2024-2025 Regular Session

Increases solar development goals of SREC-II program and extends certain target dates of program to 2035.

This bill increases New Jersey's solar energy target from 3,750 megawatts to 6,500 megawatts by 2035 under the SREC-II program, extending the deadline from 2026. It sets specific annual goals: 300 megawatts of net-metered solar, 3,000 megawatts of community solar (2025-2029), and 150 megawatts annually after 2029, plus 50 megawatts for remote net metering. The program provides financial incentives through SREC-IIs (renewable energy certificates) to solar developers, with the Board of Public Utilities administering the competitive bidding process for larger projects. These changes directly affect solar developers, ratepayers (who cover program costs), and New Jersey's renewable energy infrastructure.
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2025
Committee Review
Floor Vote
Governor
Introduced Nov 17, 2025 Last action Nov 17, 2025
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Nov 17, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Telecommunications and Utilities Committee
lower
1 primary · 0 co-sponsors

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P
Photo of Robert Karabinchak
Robert Karabinchak
DDemocratic
NJ
18