HISTORY OF MSEIA’S ACCOMPLISHMENTS IN NJ
THE MAKING OF A WORLD-CLASS SOLAR MARKET:
THE HISTORY OF MSEIA’S ACCOMPLISHMENTS IN NEW JERSEY
1. 1998-1999 The EDECA law: The NJ solar industry is born
MSEIA advocates for, and helps design language for, renewable energy funding and the Renewable Portfolio Standard in the EDECA (electric restructuring) law.
2. 1999-2000 The solar energy rebate program begins
MSEIA proposes detailed blueprint for PV rebate program, advocates for its adoption. Pilot program begins in 2000.
3. 2000 Net Metering and Interconnect regulations – a model for other states
MSEIA advocates for favorable net metering and interconnection regulations, successfully creating regulations that have been used as a model for other states.
4. 2000-2002 Statewide funding & rebate program begin
MSEIA fights for BPU control of the PV program, and succeeds – the statewide rebate program begins.
5. 2003 The nation’s first solar carve-out in a Renewable Portfolio Standard
As a member of the Governor’s Renewable Energy Task Force, MSEIA fights for a solar carve-out in the RPS regulation. The effort is successful, and the solar power market jumps to the next level.
6. 2007 The PSE&G loan program
Responding to the shortcomings of the SREC market, MSEIA’s leaders initiate a proposal to PSEG to create a long-term instrument for SRECs. Meetings with PSEG CEO lead to formation of a working group, resulting in the PSEG Loan program. MSEIA works through stakeholder process to get approval for the program.
7. 2008 The Solar RPS in legislation – The Solar Advancement and Fair Competition Act
MSEIA’s leaders initiate a legislative campaign and draft proposed language for the Solar Advancement and Fair Competition Act. This act codifies large-scale requirements for PV in the RPS for the first time. A yearly schedule through 2026 is included, taking the solar market to the next level.
8. 2008 Long-term SREC contract programs
Years of advocacy for long-term SREC contracts by MSEIA, along with other organizations, results in the JCP&L, ACE, and RECO long-term contract solicitation programs.
9. 2012 Preventing collapse in the SREC market
With the SREC market in New Jersey declining precipitously, MSEIA campaigns along with others for over a year for legislation to stabilize the market. In early 2012, with the market on the brink of a collapse, proposed legislation is crafted, with legislative leaders planning a 3-year acceleration of the solar RPS. MSEIA produces data and analysis that proves conclusively that 3 years will not be enough to prevent a collapse. MSEIA brings several organizations together behind a proposed schedule featuring a 4-1/2 year acceleration, and gains legislative acceptance for it. MSEIA’s recommended schedule is adopted in the Solar Act of 2012, and the SREC market is successfully stabilized.
THE FUTURE – THE (PROPOSED) RENEWABLE ENERGY TRANSITION ACT
MSEIA leads the formation of a large, very broad coalition – NJ FREE – to push for an overall transition to renewable energy in New Jersey. Proposed legislation, already gaining support, would require 80% Renewable Electricity by 2050, along with other supporting measures for high-penetration renewables.