Getting Ready for PACE in New Jersey (Part 2)*

In the first of this series, we described the intent of the legislation and the assumptions behind it. So what’s in the legislation itself? Let’s break it down into a few categories: Definitions Program Reporting Requirements The Garden State C-PACE Read More …

Getting Ready for PACE in New Jersey (Part 1)*

Now that implementation of the new Garden State PACE program seems imminent, it’s worth understanding how the program will work. Let’s begin with the law, codified as N.J.S.A. 34-1B-374-382 (“the C-PACE Act”). The first section describes the legislature’s findings and Read More …

NJ C-PACE Regulations & Guidelines Being Developed

March 13, 2022.— NJ developers and property owners are already lining up C-PACE projects in anticipation of the New Jersey Economic Development Authority’s Garden State C-PACE program later this year. Timing: The proposed guidelines and regulations are expected from NJEDA Read More …

NJ C-PACE Bill Signed by Governor Murphy

The New Jersey C-PACE bill (A2374/S1953) was signed by Governor Murphy yesterday (Tuesday, August 24, 2021), and the Governor’s office released the following statement: Governor Phil Murphy today signed legislation (A-2374) which establishes the Garden State Commercial Property Assessed Clean Read More …

Press Release: NJ Lawmakers Pass Landmark C-PACE Bill

For Release Monday, June 28, 2021 Contact: Jonathan Cloud, Executive Director, 908-581-8418, jcloud@possibleplanet.org The Commercial Property Assessed Clean Energy program, already approved in 37 states and D.C., with active programs in 24 states, is headed to the Governor’s desk for Read More …

New Jersey C-PACE Bill Moves Forward During PACENation Summit

New Jersey C-PACE Bill Advances to the Finish Line After ten years of trying to amend its original PACE statute—which so far has proven ineffective—NJ’s C-PACE legislation (A2374/S1953) now appears to be on track for approval in both houses of Read More …

Further Update on PACE Legislation in New Jersey

As we understand it, as of late December 2020 the Senate bill (S1953) was expected to move forward in January 2021, according to the bill’s sponsor, Senator Bob Smith. The C-PACE Alliance, which includes a majority of the established C-PACE Read More …

Support Building for New Jersey PACE Bill

A letter of support for the passage and approval of the pending PACE bill (A1902/S1611) in New Jersey is gaining signatories from across the country and from many different stakeholder groups. The support letter reads in part: PACE resolves the Read More …