New Jersey Administrative Code › Title 14 - PUBLIC UTILITIES › Chapter 8 - RENEWABLE ENERGY AND ENERGY EFFICIENCY › Subchapter 10 - SOLAR TRANSITION INCENTIVE › Section 14:8-10.4 - Transition Incentive eligibility

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Transition Incentive shall be
				available to projects that submitted a complete SREC Registration Program
				registration or a complete subsection t application after October 29, 2018, but
				have not received a Permission to Operate at the time the Board determines that
				the State has attained 5.1 percent of its retail sales from solar electric
				generation facilities and closes the SRP to new registrations. The Transition
				Incentive shall also be available to the Subsection r applications that
				received conditional certification from the Board in an Order dated March 29,
				2019, if they have not received a Permission to Operate at the time the Board
				determines that the State has attained 5.1 percent of its retail sales from
				solar electric generation facilities (5.1% Milestone). The Transition Incentive
				eligibility criteria for these projects that will be transferred into the
				Transition Incentive Program are set forth at (d) below.
(b) In the event that the SREC Registration
				Program is closed to new registrations before the establishment of a
				registration program for the solar Successor Incentive Program, the Board may
				allow projects that comport with the SREC eligibility requirements at
				N.J.A.C.
				14:8-2.4, the Board's Implementing Orders,
				and the definition of "connected to the distribution system" at
				N.J.A.C.
				14:8-1.2, to register for the TI Program.
				However, no new registrations for Subsection (r) applications shall be
				accepted. The Transition Incentive eligibility criteria for these new projects
				registering for the Transition Incentive Program after the attainment of the
				5.1% Milestone are set forth at (e) below.
(c) A proposed project submitted for
				registration in the TI-RPS following the closure of the SREC registration
				program must be registered prior to the Board's establishment of a registration
				program for the Successor Incentive Program. Said projects shall not be subject
				to the deadline set forth at
				N.J.A.C.
				14:8-2.4(c)1, which requires
				projects to register within 14 days of the execution of a contract. Projects
				will, therefore, also not be subject to the penalty for non-compliance with
				this 14-day deadline set forth at
				N.J.A.C.
				14:8-2.4(e). In lieu of an
				executed contract, a TI registration package must contain a consumer disclosure
				form executed by the solar developer and customer-generator on a standard form
				made available on the website of the New Jersey Clean Energy Program
				(NJCEP).
(d) Solar electric
				generation facilities that have received a conditional registration for SRECs
				pursuant to
				N.J.A.C.
				14:8-2.4(h)4 that has not
				expired, been cancelled, or commenced commercial operations prior to the 5.1%
				Milestone and have not submitted a post-construction certification package
				within 90 days of the 5.1% Milestone that have been transferred to the
				Transition Incentive registration program will receive a new conditional
				registration. The new registration will incorporate a requirement to commence
				commercial operations and submit a post-construction certification package
				within *18 months* of the date that the Board determines that the 5.1%
				Milestone has been attained, except for projects granted conditional
				certification under the Subsection (r) program (N.J.S.A. 48:3- 87(r)*), which
				will retain the registration expiration date set by the Board Order granting
				the project conditional certification; projects granted conditional
				certification under the Subsection (t) program (N.J.S.A.
				48:3-87(t)) prior to April
				30, 2020, which will receive a new registration on the later of the date set by
				the Board Order granting the project conditional certification, plus any
				extensions that have been granted or *18 months* from the date that the Board
				determines that the 5.1% Milestone has been attained.
1. Such facilities must utilize the NJCEP
				website to confirm registration transfer from the SREC registration program to
				the Transition Incentive registration program and identify the defined market
				segment described at N.J.A.C. 14:8-10.5(b)1.
2. Facilities registered for TREC
				eligibility, if they commence commercial operations and submit a
				post-construction certification package prior to the one-year anniversary of
				the date that the Board determined the 5.1% Milestone was attained (or as
				described in this subsection for Subsection (t) and Subsection (r) projects),
				will be assigned a New Jersey State Certification Number for use in obtaining
				TRECs from PJM-EIS GATs.
3.
				Facilities registered for TREC eligibility, if they do not commence commercial
				operations and submit a post-construction certification package prior to the
				one-year anniversary of the date that the Board determined the 5.1% Milestone
				was attained (or as described in this subsection for Subsection (t) and
				Subsection (r) projects), will not be eligible for TRECs.