N.J. Admin. Code § 19:31S-1.11

Current through Register Vol. 56, No. 12, June 17, 2024
Section 19:31S-1.11 - Cap on total credits

The value of all credits approved by the Authority may be up to $ 100,000,000, except as may be increased by the Authority as set forth in this section. The Authority shall monitor application and allocation activity under the Program. If the Chief Executive Officer of the Authority judges certain qualified offshore wind projects to be meritorious, the cap may, in the discretion of the Authority, be exceeded for allocation to qualified wind energy facilities in such amounts as the Authority deems reasonable, justified, and appropriate.

N.J. Admin. Code § 19:31S-1.11

Recodified from 19:31-20.11 56 N.J.R. 807(a), effective 5/6/2024