Incentives Drive Expanded Use of Solar Energy in New Jersey
The growth of New Jersey’s solar industry has been driven by an ambitious requirement that increasing percentages of the regulated power suppliers’ energy come from renewable energy sources, favorable financial incentives and favorable regulatory provisions such as net metering rules. In order to determine the economic viability of a solar project and the return on investment, the financial incentives available under both New Jersey and federal law must be analyzed. Catherine Bostock, a Member of the Environmental Law Department of Cole Schotz and Gordon Duus, Chair of the Department, recently had an article on this subject published in the December 13, 2010 issue of the New Jersey Law Journal. Click here to read the article.
As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication.
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