Renewable Portfolio Standards
The State of New Jersey signed its Renewable Portfolio Standard (RPS) into law on February 9, 1999. The RPS requires electricity suppliers to source a certain percentage of their retail sales from qualified renewable energy sources which increases demand for renewables, drives investment, reduces greenhouse‐gas emissions, diversifies energy supply, and stimulates economic development.
Relevant Audiences
On this page
Background Information
The State of New Jersey signed its Renewable Portfolio Standard (RPS) into law on February 9, 1999. The RPS requires electricity suppliers to source a certain percentage of their retail sales from qualified renewable energy sources which increases demand for renewables, drives investment, reduces greenhouse‐gas emissions, diversifies energy supply, and stimulates economic development. Over the years, the RPS has been revised to adjust targets, technologies, carve‐outs (e.g., solar, offshore wind), compliance mechanisms, and cost‐caps.
Current RPS regulations can be found on Lexis/Nexus:
RPS Compliance Timeline
The BPU provides final Energy Year retail sales data and detailed guidance for TPS and BGS providers to calculate their RPS obligations and file their compliance reports. The reports are due on December 1.
Environmental Information Disclosure
The New Jersey Board of Public Utilities requires that electricity Suppliers/Providers disclose the environmental characteristics of the electricity purchased by customers.
Please visit the page below to view the Environmental Information Disclosure Notices for EY23 through EY25.
History of the RPS, Rule Changes, Re-Adoptions, & Notices
Board Orders
Relevant Links
Related Resources
In New Jersey, Class I renewable energy systems receive value from the electricity produced in two distinct transactions. The nature of these transactions frequently requires the installation of two separate meters to accurately reflect the value of each.
RPS Compliance ReportsSolar ProceedingsThis page contains links to proceedings for all solar programs administered by New Jersey's Clean Energy Program.
SREC PricingEach energy year a report is published which contains information on the monthly and cumulative number of SRECs issued, number of SRECs traded, and the weighted average price per SREC. The reports are available on this page.
Program Reports, Evaluations, Market Analysis and TRMsThis page contains program evaluation reports, market analysis and baseline studies, as well as the energy saving measure protocols.