New Jersey Governor Signs A3723: Bill to Increase RPS Obligation in Becomes Law

Ali Shajrawi, Liam Brooks Market Research Briefs

Today, May 23, 2018, New Jersey Governor Phil Murphy finally signed Bill A3723, new legislation to support the states’ renewable energy market. The bill originally passed both houses on April 12th after initially being introduced on March 22nd. Broadly endorsed by clean energy advocates, the legislation ramps up SREC and Non-Solar Class I REC obligations with ambitious targets through the course of the next decade.

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