New guidelines for financing solar installations in NJ – but few details yet

solar field, New Jersey, energy

TOM JOHNSON / NJ SPOTLIGHT – The state is giving the solar sector more time to figure out how to overhaul the current system of financing the installation of solar arrays on homes and businesses, a program widely criticized as too costly.

Despite ranking as one of the most successful solar programs in the nation — more than 100,000 solar arrays have been installed in New Jersey — it has long been faulted as too expensive to utility ratepayers who subsidize it. The sector employs more than 7,000 people in the state, with an investment topping $10 billion …

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