Clean Air Excellence Awards
Regulatory/Policy Innovations Award
Solar Renewable Energy Credit
New Jersey Board of Public Utilities
New Jersey Board of Public utilities (BPU) established a model program and integrated approach to solar development that includes a strong renewable portfolio standard (RPS) with a solar set-aside that has helped to create sustainable demand and investor confidence, an interconnection and net metering standards that have made it easier for systems to connect to distribution system, and a Solar Renewable Energy Certificate (SREC) financing model that facilitates long term financing...
The Regulatory/Policy Innovations Award applies to regulatory or policy initiatives and programs implemented across all levels (state, local, tribal, non-profit, industry, etc.). In addition to the general criteria, the following criteria will be used in assessing each entry:
Regulatory/Policy Innovations Award Criteria
- The regulation or policy encourages actions that go beyond compliance with applicable laws and regulations.
- The regulation or policy provides flexibility to the regulated community.
- The development process for the regulation or policy has included a stakeholder (e.g., public) involvement component.
- The regulation or policy has been put into effect.