PSE&G's $446M Solar Projects Clear NJ Regulatory Hurdle

Law360, New York (April 30, 2013, 1:13 PM EDT) -- Public Service Electric & Gas Co. said Tuesday it had reached an agreement with New Jersey regulators to invest up to $446 million in solar power projects within the state, a controversial proposal that critics say will pass unnecessary costs to ratepayers. 

PSE&G's agreement with the New Jersey Board of Public Utilities will allow the company to fund two solar power programs, subject to BPU final approval. PSE&G said it intended to invest about $247 million to develop 45 megawatts of power on landfills, brownfields and...
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