Developers of Solar Grid-Supply Systems Band Together

Developers of solar grid-supply systems – which supply electricity directly to the regional power grid — have formed a new trade group aimed at convincing legislators and a state agency of the benefits of their projects, most of which are locked in bureaucratic limbo.  

The formation of the New Jersey Solar Grid-Supply Association comes at critical juncture for the state’s once flourishing solar sector, which has seen investment dry up because of a steep fall in prices owners of solar arrays earn for the electricity their systems produce.

Last summer, Gov. Chris Christie signed a bipartisan bill aimed at helping to stabilize the market, but some of its provisions and policies in the state’s Energy Master Plan discourage development of certain grid-supply projects, primarily those on agricultural land and open space.

The administration’s push to avoid large grid-supply projects on farmland has won approval from many conservation groups, which support efforts to instead utilize garbage dumps and brownfields.

But few dispute the argument that grid-supply projects produce solar electricity at the lowest cost, which reduces the impact on ratepayers who ultimately bear most of the cost of developing solar energy.

Click here to read the full story…

To receive South Jersey business news updates, click here to sign up for SNJDC’s Afternoon Break.

Posted in: