The previous section noted the key definitions, including those concerning the local programs that the top one-third of municipalities may implement with the approval of the NJEDA (“the authority”). Reporting Requirements Before getting into the substance of the program, the Read More …
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 …
The New Jersey Economic Development Authority (NJEDA) has published a page of general information in anticipation of the forthcoming Garden State C-PACE program, stating that “Preliminary draft documents are currently undergoing the final stages of internal and interagency review.” The page Read More …
The NJEDA has scheduled a first Information session on the new Garden State C-PACE program for Thursday, October 20, 1-2:30 pm. Click here or the image below for the registration page. New Jersey’s new Garden State C-PACE law (P.L. 2021, Read More …
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 …
Under the heading, “Climate change report is more evidence Murphy should sign C-PACE bill,” Emma Horst-Martz of NJPIRG and William Amann of M&E Engineers are urging Governor Phil Murphy to sign the new C-PACE bill. The authors say the bill Read More …
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 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 …
The latest version of the New Jersey C-PACE bill (S1953) was approved on June 15 by the Senate Environment and Energy Committee. The bill now goes to the Senate Budget and Appropriations Committee on June 17, where it is expected Read More …
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 …