Governor’s signature on key energy bills puts cap on last legislative session

New Jersey environment, energy, electricity

TOM JOHNSON / NJ SPOTLIGHT – In moves that could boost New Jersey’s solar sector and offshore wind industry, Gov. Phil Murphy yesterday signed a couple of significant bills to advance his clean energy agenda, while pocket vetoing others.

Solar advocates strongly pushed one of the bills (S-4275), viewing it as critical to stabilizing the industry as the state transitions to a new way of financing solar projects in New Jersey. The measure was sparked by concerns the existing incentives provided to solar were too costly, but new subsidies would not be enough to sustain the industry.

In addition, the governor signed a bill (A-5663) that aims to figure out the most cost-effective and least environmentally disruptive ways to bring power from offshore wind farms to populations who need the electricity to power their homes …

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