Enacts the "community solar opportunity and local approval reform (Community SOLAR) act"; authorizes municipalities to establish standards for distributed generation energy facilities.
Establishes the nine member distributed generation for community solar siting commission to examine the reasons for delays in the siting of community solar projects, identify those causes and examine solutions to accelerate development; makes related provisions.
Establishes the nine member distributed generation for community solar siting commission to examine the reasons for delays in the siting of community solar projects, identify those causes and examine solutions to accelerate development; makes related provisions.
Expands the solar energy system equipment tax credit to cover solar energy system equipment installed in a community solar array; defines "community solar array" to mean a location other than a person's principal residence where solar energy system equipment is owned and installed for use in such person's principal residence.
Expands the solar energy system equipment tax credit to cover solar energy system equipment installed in a community solar array; defines "community solar array" to mean a location other than a person's principal residence where solar energy system equipment is owned and installed for use in such person's principal residence.
Establishes the office of equity for energy and climate to support local and communally developed climate projects to support disadvantaged communities, including by establishing and administering the community solutions fund and the solutions grants program; provides for funding and standards for climate and community protection projects and programs.
Increases solar energy tax credits; implements a solar STAR credit; amends provisions relating to the role of municipalities in siting of major renewable energy facilities.
Relates to excluding renewable energy pilot projects and certain energy system-related payments in lieu of taxes from tax cap calculations, and to the establishment of a distributed generation energy development program that provides a single forum for state-level appeals for proposed distributed generation energy facilities.
Establishes New Jersey First-Time Home Buyer Savings Account Program; provides gross income tax benefits for certain contributions to and earnings on assets maintained in accounts established under program.