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Remote Net Metering Order Issued Including Application/Approval Process
New Jersey Board of Public Utilities (BPU) issued an order that established a remote net metering application and approval process for the remote net metering market segment within the administratively determined incentive program.
In this order, (1) co-location is prohibited for remote net metering projects; (2) that projects located in municipal service territories are eligible to apply to the remote net metering market segment; (3) that the remote net metering bill credit must reflect the non-bypassable charges identified in the CSEP bill credit: the SBC, the market transition charge, the transition bond charge, and the zero emissions certificate charge; (4) the SREC-II value is set at $90/MWh for CSEP projects with no additional adder; and (5) the utilities must track their administrative costs for the purpose of determining an appropriate fee.
Order (12/20/2024)
QO24070554 (Opened 08/31/2023)
(Matter of Initiating Remote Net Metering and Application Process)
