This subchapter sets forth the rules for the establishment of a solar energy Transition Incentive (TI) Program designed to provide a bridge between the SREC Program and a solar Successor Incentive Program under development by the Board. Owners and developers of proposed solar electric generation facilities that received a conditional registration pursuant to N.J.A.C. 14:8-2.4(h)4 that has not expired, been cancelled, or commenced commercial operations prior to the State's attainment of 5.1 percent of its retail electricity sales from solar electric generation facilities (5.1% Milestone), which the Board determined to be April 30, 2020, and submitted a post-construction certification package within 90 days of the 5.1% Milestone, will be instructed by Board staff on how to transfer their project to the Transition Incentive registration pipeline. Following April 30, 2020, and prior to the Board's announcement of the opening of a registration process for the solar Successor Incentive Program, solar electric generating facilities meeting the TI eligibility criteria established in this subchapter may register for the Transition Incentive Program.
N.J. Admin. Code § 14:8-10.1