NJ Solar Power Expansion
State regulators support Public Service Electric and Gas exansion of its solar loan program, which will signficantly expand the megawatts of installed solar capacity in the state. The loan program is open to all PSE&G customers and will run over the next two years until the financed
target of megawatts has been achieved. The solar loans would cover up to half of the total installation costs with payments terms of ten to fifteen years of duration. The program is funded by an increase in the delivery part of the electric bill for all customers. ...
... "Today’s new initiative will result in a total of $248 million available for loans and 81 megawatts of solar power for New Jersey. " ...Via Public Service Electric and Gas: Solar Loan Program Expanded
PSE&G Solar for All Program: Program enables PSE&G installation of eighty megawatts of solar generating capacity, including pole attached solar units. Solar 4 All (PDF): "PSE&G will install approximately 200,000 solar units (small distributed solar systems of approximately 200 watts) on utility and street light poles located throughout the neighborhoods of PSE&G’s electric service territory. "