(TRENTON) – A new law Assembly members Upendra Chivukula, Wayne DeAngelo and Linda Greenstein sponsored will lay out a coherent strategy for expanding the solar energy market within New Jersey.

“The Solar Energy Advancement and Fair Competition Act” (A-3520 from the 2008-09 legislative session) was signed into law on Monday.

“Solar and other alternative energies are the future, and taking steps to advance that industry in New Jersey is the smart approach not only for our residents, but for our economy,” said Chivukula (D-Somerset), the Assembly Telecommunications and Utilities Committee chairman. “With this, we now have a plan for advancing solar energy in New Jersey and that can only be a good thing.”

“Advancing solar energy equals jobs and a reinvigorated economy, plus energy savings for households throughout New Jersey,” said DeAngelo (D-Mercer/Middlesex). “A robust solar market will position our state to be a leader for years to come in alternative energy production.”

“This new law will bring savings for ratepayers and jobs for our state,” said Greenstein (D-Middlesex/Mercer). “We’ve already taken many strong steps to make New Jersey a leader in alternative energies and this is another step forward.”

The law makes numerous changes to the Electric Discount and Energy Competition Act of 1999) and also add several new definitions to the law.

It also, for instance, that the Board of Public Utilities establish multi-year schedules that set forth solar electric power generation sale or purchase requirements for electric power suppliers or basic generation service providers.

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