A group photo voltaic set up on a New Jersey warehouse roof by Photo voltaic Panorama.
The New Jersey Board of Public Utilities (NJBPU) has permitted the opening of the third solicitation of the Competitive Solar Incentive (CSI) Program, an present program designed to scale back the prices of photo voltaic improvement and encourage grid-scale and different qualifying photo voltaic tasks in New Jersey. The Board set the third solicitation of the CSI Program to open for pre-qualification on Might 14, 2025, and near bids on July 23, 2025. CSI has helped to considerably enhance the quantity of photo voltaic in New Jersey — which is now over 5 GW of put in capability — at a decrease price for ratepayers.
“At the moment’s board motion proves the way forward for photo voltaic is robust in New Jersey and builds upon years of motion increasing the attain of photo voltaic in our nice state,” mentioned NJBPU president Christine Guhl-Sadovy. “Within the final seven years, by our strong photo voltaic programming together with CSI and community solar, we’ve doubled the quantity of photo voltaic vitality on our grid. This progress in photo voltaic in New Jersey and throughout our area has helped save a whole lot of thousands and thousands in averted electrical energy prices for ratepayers. I’m excited to see the place the following spherical of CSI takes us.”
Clear vitality progress in New Jersey and all through PJM has saved New Jersey ratepayers billions in averted prices. With out the PJM-wide (onshore) wind and photo voltaic assets that bid into PJM’s 2024 capability public sale, clearing costs would have been about 60% greater, which might have price New Jersey ratepayers roughly an extra $1.1 billion within the coming yr.
Within the final CSI solicitation in 2024, the Board awarded over 310 MW of photo voltaic capability and 80 MWh of vitality storage. Collectively, the tasks awarded are able to producing sufficient electrical energy to energy 42,000 properties yearly. This solicitation underscored the key coverage achievement that large-scale photo voltaic tasks could be developed competitively, bringing down prices for New Jersey ratepayers. This was the most cost effective photo voltaic the Board has ever incentivized. Since 2017, New Jersey has helped scale back the price of photo voltaic to ratepayers by over 50%.
Within the third solicitation, to spice up competitors, the Board permitted suggestions to regulate capability targets within the tranche for grid provide tasks sited on the constructed surroundings, permitting tasks on industrial land and floating photo voltaic. Tranche 4’s capability goal for net-metered non-residential tasks higher than 5 MW was lowered from 40 MW to fifteen MW to encourage extra strong participation within the different tranches. The Board set a constant solicitation schedule and highlighted enhancements within the interconnection course of to assist undertaking improvement, finally approving targets of 300 MW photo voltaic technology and 160 MWh vitality storage. As well as, the Board has a longstanding coverage prioritizing photo voltaic technology sited on land makes use of that aren’t optimum for different improvement, resembling warehouse rooftops or remediated contaminated websites, and away from New Jersey’s vital open areas.
On December 7, 2022, the NJBPU established the CSI Program because of the Photo voltaic Act of 2021. The CSI Program is open to qualifying grid provide photo voltaic amenities and non-residential web metered photo voltaic amenities with a capability higher than 5 MW, in addition to to eligible grid provide photo voltaic amenities together with storage.
Information merchandise from the NJBPU
Trending Merchandise
