Green

McKeon Bill to Strengthen New Jersey’s Green Power Market Becomes Law

809c822d96b4b045d3af_shutterstock_278080097.jpg
809c822d96b4b045d3af_shutterstock_278080097.jpg

TRENTON, NJ - A bill that Assemblyman John F. McKeon sponsored to augment New Jersey’s clean energy market by encouraging residents to generate their own electricity using renewable energy sources is now law. The measure, which received approval from both houses of the legislature in June, was signed into law on Monday.

The law (A-3838) increases the electric power net metering cap established in the “Electric Discount and Energy Competition Act” to 2.9 percent of the total annual kilowatt-hours sold in New Jersey, effectively quadrupling the state limit on net metering.

“This measure will help boost New Jersey’s green energy market and reduce the state’s dependence on non-renewable power sources,” said McKeon (D-Essex/Morris). “By encouraging the installation of solar panels as well as the use of solar energy, updating New Jersey’s law on net metering can simultaneously spur green job growth and fulfill our duty to protect the environment.”  

Sign Up for E-News

Electric power suppliers and basic generation service providers offer net metering, a billing mechanism that reimburses utility customer-generators for excess power they contribute to the electric grid, as a cost-reducing option to owners of homes and businesses that produce their own power.

Under previous law, the New Jersey Board of Public Utilities authorized suppliers and providers to cease this offer when the total rated generating capacity owned and operated by net metering customer-generators statewide reached 2.5 percent of the state’s peak demand.

In shifting to using the total annual kilowatt hours sold rather than the peak demand as the metric for the cap, the new law enables customer-generators to reap greater benefits from net-metering in New Jersey, McKeon said.

“Increasing the cap on net metering means that less of the excess energy a home or business produces will go to waste,” said McKeon. “With this new law, energy can be managed more efficiently, and net generators will receive more credit for the power they produce, thus reducing their overall electricity costs.”

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

Livingston

Essex County Freeholders Celebrate African-American History Month

February 22, 2018

NEWARK, NJ – At its 2018 African-American History Month Celebration on Wednesday at the Hall of Records in Newark, the Essex County Board of Chosen Freeholders commemorated the heritage, culture, resilience, and spirit of the African-American community.

Brendan Gill, board president and Freeholder At-Large, first acknowledged African-American contributions, both past and present, in ...

How Do I Decide Which College to Attend?

Now that college acceptances are rolling in, how do I decide which to attend?

Your hard work in high school has paid off. You took your SAT/ACT exams, got the best grades you could, and filled out as many applications as you needed to. Acceptance letters are starting to come in and you need to make a decision on where you will go in the fall. It's hard to decide!! Here are some tips and ...

Shouts of Racial Slurs During "Black Panther" Bring Police to Sparta Theatre

February 21, 2018

SPARTA, NJ – Sparta police were called to the New Vision Sparta Theater on Sunday night because of a woman shouting slurs in a screening of Black Panther.

Former New Jersey Assembly candidate Michael Grace was in the theater when two people started yelling racial slurs including “look at these ‘n-word’” and “can you believe these ...

Upcoming Events

Carousel_image_b9dfd7fd9ec06f34f8cd_coriphoto

Sat, February 24, 4:00 PM

Lobby - Office Building, Livingston

Gun Violence Prevention & Congressional Candidates

Other

Carousel_image_198d9d8e60fbe2b63cf4_be01635f448f7ee17d10_flyred_photo1

Sun, February 25, 1:00 PM

CycleBar, Livingston

Cycle Red for Heart Disease to Benefit Heart ...

Giving Back

Mon, February 26, 1:30 PM

Livingston Public Library, Livingston

Monday at the Movies: WILD OATS

Arts & Entertainment

NJ Acting Health Commissioner Cites Inglemoor as Example of Best Practices in Flu Prevention

February 22, 2018

LIVINGSTON, NJ — With one of the worst flu seasons in recent history taking a daily toll across the nation, New Jersey Acting Health Commissioner Dr. Shereef Elnahal visited Inglemoor Rehabilitation and Care Center this week to meet residents and praise clinical staff for their success at keeping the flu at bay.

"There are best practices that Inglemoor has already implemented ...

Let the Games Begin

I am truly awed by the Olympics.  Watching these superb young athletes on TV inspires me to renew my membership to the gym and pursue my lifelong dream of taking home the gold.  

 

The problem is that in my deluded head, I can see actually see myself standing atop the podium.  I am wrapped in a puffy designer ski coat with a huge piece of bling slung around my neck ...