NJ Regulator Nixes Proposed Incentive For Big Solar Projects

Law360, New York (March 26, 2013, 9:04 PM EDT) -- New Jersey's utilities regulator has declined to move forward with an added financial incentive lawmakers had proposed for large solar projects that serve commercial and industrial customers, finding that such projects already are competitive and carry significant benefits for businesses.

In a March 20 order, the state's Board of Public Utilities decided that a new incentive would be unnecessary. Those large projects benefit from economies of scale, and the commercial and industrial customers that they serve reap significant energy savings, board President Robert Hanna and the...
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