New Jersey proposes lower renewable energy purchase targets for 2026 through 2029, comments due November 20
A proposal would cut the Class I renewable energy percentage that electricity suppliers must buy for each energy year from 2026 to 2029, which could lower demand and prices for Class I certificates. It is not in force. Comments close November 20, 2026; the notice lists no hearing.
On September 21, 2026, the New Jersey Board of Public Utilities ("BPU") published a proposal, PRN 2026-052, at 58 N.J.R. 2154(a), to amend N.J.A.C. 14:8-2.3, the section that sets the amount of renewable energy that electric power suppliers and basic generation service providers must deliver to New Jersey customers. The proposal would lower the Class I renewable energy percentage for each of energy years 2026, 2027, 2028 and 2029. It is a proposal only and is not in force; written comments are due by 5:00 p.m. on November 20, 2026 under BPU docket QX26070401.
58 N.J.R. 2154(a) (PRN 2026-052), proposed amendments to N.J.A.C. 14:8-2.3; BPU Docket No. QX26070401