SEIA urges New Jersey governor to allow flexible spending caps under Clean Energy Act

The Solar Energy Industries Association (SEIA) urged New Jersey Governor Phil Murphy on Monday to sign legislation that would allow the Board of Public Utilities (BPU) to rollover unused funding to the following year when calculating cost caps under the Clean Energy Act.

The New Jersey General Assembly and Senate advanced the legislation Monday, sending it to the governor’s desk.

SEIA noted that the legislation would ease constraints under the program’s year-to-year cost caps and clarify BPU’s authority under the Clean Energy.

Following is a statement from David Gahl, senior director of northeast state affairs at the Solar Energy Industries Association (SEIA), on changes to the Clean Energy Act:

“SEIA commends the New Jersey Legislature for taking action to clarify the Clean Energy Act and make it easier to implement,” David Gahl, senior director of northeast state affairs at SEIA, said. “These changes will give the BPU more latitude in calculating the Clean Energy Act’s yearly cost caps. The measure does not increase costs to ratepayers, will preserve the state’s growing solar market, and sets the stage for a smooth transition to a lower-cost, long-term solar incentive program. We urge Governor Murphy to sign this measure without delay.”