New Jersey A3921 revises the state's renewable energy portfolio standards, increasing the required percentage of renewable energy sources.
New Jersey A3921 amends the state's renewable energy portfolio standards, setting new targets for renewable energy usage by electric power suppliers and basic generation service providers. The bill mandates that by January 1, 2020, 21% of the kilowatt hours sold must be from Class I renewable energy sources, increasing to 35% by January 1, 2025. By June 1, 2030, 50% of the kilowatt hours must be from Class I sources, and by June 1, 2045, 100% must be from Class I sources.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.