NJBPU’S Net-Metering Program Credits Customers

Described as a “model for other states” throughout the nation to emulate, the New Jersey Board of Public Utilities (NJBPU) became the inaugural recipient of the Network for New Energy Choices (NNEC)’s Golden Meter Award.

New Jersey’s interconnection and net-metering rules combined ensure solar generators are compensated for the renewable energy they are generating and that New Jersey’s ratepayers share in the benefits of solar and other small renewable energy generation. In New Jersey, the net-metering option credits customers with solar systems or other renewable energy generators for each kilowatt-hour (kWh) produced over the course of one year. All electric distribution companies and suppliers/providers offer net metering to their residential and small commercial customers that generate electricity, using Class 1 renewable energy sources, provided that the generating capacity of the customer-generator’s facility does not exceed 2 megawatts (MW) or exceed the customer’s peak electric needs. In addition, the BPU announced third quarter 2006 results for New Jersey’s solar market at the dedication of the 454-kilowatt Monmouth University solar installation. The reported numbers show that New Jersey has more than doubled its solar capacity in the first nine months of 2006, with more than 1840 solar electric systems across the State and more than 26 MW of installed solar capacity.
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