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BPU refers petition from Vital Inc. and VC Renewables on REC eligibility for further deliberation
Summary
The board referred a petition from Vital Inc. and VC Renewables seeking amendments to New Jersey's RPS rules to allow certain out-of-state solar to qualify for Class I RECs to further deliberation, citing timing rules and stakeholder input.
The Board of Public Utilities on Oct. 8 voted to refer a petition for rulemaking from Vital Inc. and VC Renewables, LLC that seeks to change New Jersey's Renewable Portfolio Standards (RPS) rules so that out-of-state solar generated within the PJM region, or delivered into it, could be eligible for Class I Renewable Energy Certificates (RECs) usable by third-party…
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