September 3, 2020
New Jersey’s Clean Energy Program has issued a final reminder concerning PTO Waiver Requests and TI Application Transfers for the NJ Transition Incentive (TI) Program. Below, you’ll find a set of guidelines, issued by the New Jersey Clean Energy Program. These guidelines are for those projects that fall under the status ‘Eligible for TI Program’, and will walk you through the process of selecting a project type and interconnection type in order to complete the transfer and move forward in the TI Program.
The applicant guidelines which follow are courtesy of the New Jersey Clean Energy Program.
1. An email has been issued with a new TI project number.
2. Log into the TI portal using the same login that you used for the SRP portal.
3. The project status will be under “Eligible for TI Program.
4. Perform the task to “Select the Project Type” and “Interconnection Type” from the drop- down list that represents the type of installation (See Table below).Once the Project Type and Interconnection Type is selected, the project will be active in the TI portal and the project status will be changed to the previous status of your SRP registration.
5. The expiration date in the Transition Incentive Program will be:
a. for facilities that are net metered, provide on-site generation, or provide power for a qualified customer engaged in aggregated net metering: October 30, 2021;
b. for projects granted conditional certification under the subsection (r) program (N.J.S.A. 48:3-87(r)), the registration expiration date set by the Board Order granting the project conditional certification; or
c. for projects granted conditional certification under the subsection (t) program (N.J.S.A 48:3-87(t)) prior to April 30, 2020, the later of:
i. the date set by the Board Order granting the project conditional certification, plus any extensions that have been granted; or
ii. October 30, 2021.
6. An email confirming that you have successfully transferred your SRP registration to the TI portal with your new project number and expiration date will be issued to all parties associated with the application.
7. All previous documents submitted, and correspondence issued for the SRP registration will be transferred to the TI portal.
Identifying Transition Incentive Project Types
Because the TI Program is structured as a factorized renewable energy certificate, it can provide differentiated financial incentives for different types of solar installations. The New Jersey Clean Energy Program has also provided a table outlining the different factors for each project type. The table, which you can view below, is used to identify the project type in the online portal, in order to determine the correct factor for Transition Renewable Energy Certificate (TREC) eligibility. Each application will receive:
TI Project Number
Acceptance Date
Expiration Date
NJ Certification Number
If applicants have projects for which more than one factor applies (the example offered by the New Jersey Clean Energy Program is a project which is partially roof-mounted and partially ground-mounted) then it is possible to split the project and submit applications for each type. If applicants do not split the project, submitting applications for each type, then the lower factor will apply to the entire project.
To learn more about New Jersey solar and how much you could save, get in touch with YSG Solar today. We will identify the ideal solar project for your energy needs—residential, commercial, or community. Send us an email, or call at 212.389.9215 to get started, or just learn a little more about solar energy.
YSG Solar is a project development vehicle responsible for commoditizing energy infrastructure projects. We work with long-term owners and operators to provide clean energy assets with stable, predictable cash flows. YSG's market focus is distributed generation and utility-scale projects located within North America.
Sources:
https://www.njcleanenergy.com/
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