In its Order approving the BGS Auction Process (Docket No. ER18040356), the New Jersey Board of Public Utilities (“Board”) recognized that the Clean Energy Act did not provide full clarity on the BGS Suppliers’ SREC and Class I responsibilities. The Board found that further review and analysis was needed. Staff held a stakeholder meeting on these issues and subsequently provided its recommendations to the Board at the December 2018 regular agenda meeting. Staff’s recommendations included several clarifications to the proposed solar obligation calculations as well as improvements to the proposed schedule for increasing the Class I RPS obligation over the next several energy years. The Board approved the Staff’s recommendation and issued an Order on December 21, 2018. The Order is posted on the “bgs orders” page of the “auction” tab on the BGS Auction website.
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December 21, 2018.