On August 3, 2009, PSE&G received approval from the NJ Board of Public Utilities to implement its Solar 4 All Program. This is a program that will construct 80 MW (DC) of solar generation to be owned by PSE&G over the next several years and invest approximately $515 million to help New Jersey met its renewable energy goal. As part of the Solar 4 All program, segment 1B allows PSE&G to install, own and operate 10 megawatts of solar systems on ANY public or private third-party host sites that are located in PSE&G’s electric service territory.
PSE&G will own the system, its energy output, as well as the associated environmental attributes. The area to be used for the solar installation should be able to accommodate a 500 kilowatt or greater solar system (e.g., typically a 500 kilowatt system requires 50,000 square feet of unobstructed roof space) and should be no greater than 2.0 megawatts.
There is no cost to the host site for the installation or operation of the solar system, and PSE&G will be responsible for the maintenance of the system. The selected host sites will not only earn revenue from the rental payments from PSE&G, but may also receive public recognition for taking part in an exciting new program to benefit the environment.
Open Season for Segment 1B of the Solar 4 All program for solar systems located on third-party sites begins on Monday, October 12, 2009 and remains open for 60 days, until close of business on December 11, 2009. The program goal for segment 1B is for the installation of 10MW of capacity by 2012, with three tranches broken down as follows: 2.0MW to go into service in the 2009-10 Planning Period (June 1, 2009 - May 31, 2010); 3.1MW to go into service in the 2010-11 Planning Period (June 1, 2010 - May 31, 2011); and 4.9MW in the 2011-12 Planning Period. This initial open season solicitation is seeking proposals for 5.1 MW of projects, covering the 2009-2010 Planning Period and the 2010-2011 Planning Period.
In this segment, Solar Developers team up with potential Host Sites to propose projects to PSE&G. PSE&G is seeking a total turnkey, fixed price for the Solar System from the Developer and will compensate the selected third party host sites via lease payments for the use of their property. The lease agreements with the site owner will have a term of 20 years unless a shorter term is required by law, as may be the case under municipal law. An appropriate leasing arrangement will be established between PSE&G and the third-party site owners. Details and program rules can be found in the other document links below.
Source: PSE&G