New Jersey Board of Public Utilities Ups Renewable Portfolio Standard

On April 12, 2006, the New Jersey Board of Public Utilities approved new regulations that strengthen the state’s Renewable Portfolio Standard (RPS). This BPU decision requires utilities to increase the percentage of electricity that they produce from renewable energy sources from 4% in 2008 up to 20% by 2020. In general the RPS can be met through a variety of renewables, but solar photovoltaic systems are specifically required to increase to 2 percent by 2020. The RPS allows the trading of Renewable Energy Certificates for compliance. The new regulations are expected to reduce emissions of carbon dioxide by 7.65 million tons and of nitrogen oxides by over 14 thousand tons.

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Map of States with Renewable Portfolio Standards