Will nuclear subsidy bill kill solar sector?

Salem Nuclear Power Plant

TOM JOHNSON / NJ SPOTLIGHT – A controversial bill to bolster the fortunes of nuclear power in the state may achieve that aim, but it could also deal a crushing blow to New Jersey’s thriving solar sector.

The latest version of the legislation (S-877), still not publicly available, contains dramatic changes in how the state promotes and incents solar that could, in effect, kill the industry in New Jersey, according to even one of its own sponsors.

The amendments essentially would alter the economics of investing in the sector and potentially erase much of the $9 billion in investments made in New Jersey over the past years, representatives of the solar industry said …

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