New Jersey § 48:3-121
Full text of New Jersey New Jersey Statutes § 48:3-121, with citation guidance and answers to common questions.
§ 48:3-121.
a. Notwithstanding the provisions of P.L.1999, c. 23 ( C.48:3-49 et al.), P.L.2021, c. 169 ( C.48:3-114 et al.), or any other law, rule, regulation, or order to the contrary, a qualified
solar electric power generation facility that, due to a delay attributable to a tolling
event, fails, or is projected to fail, to achieve project completion or commercial
operation by the deadline date established by law, rule, regulation, board order,
incentive program registration acceptance letter, or other approval or authorization
for that facility, shall receive an automatic extension of the project completion
or commercial operation deadline date established for that facility. The extension granted pursuant to this section shall be for a period that is two years
beyond what otherwise would be the deadline for the qualified solar electric power
generation facility to achieve commercial operation pursuant to the applicable board
order granting conditional certification as connected to the distribution system,
including any extensions previously authorized by law, rule, regulation, or applicable
board order. The automatic extension shall protect the qualified solar electric power generation
facility from forfeiting the following: (1) designation as “connected to the distribution system”; (2) eligibility to continue to participate in the applicable solar incentive program
for which application was made; (3) eligibility to receive the financial incentives provided by the solar incentive
program for which application was made; and (4) any other benefit or incentive available to a qualified solar electric power generation
facility conditionally approved to participate in the solar incentive program. b. (1) To be eligible to receive the automatic extension provided by this section,
the project sponsor of a qualified solar electric power generation facility shall
certify in writing, and provide supporting documentation, to the board of the occurrence
of the tolling event. The certification shall describe the tolling event, the date of application to PJM
Interconnection, L.L.C., and the anticipated duration of the delay associated with
the tolling. (2) Within 45 days after receipt of a certification from a project sponsor of the
occurrence of a tolling event pursuant to paragraph (1) of this subsection, the board
shall issue an unconditional order approving an automatic extension of the project
deadline date or commercial operation deadline date established for the facility,
whether established by law, rule, regulation, board order, incentive program registration
acceptance letter, or other approval or authorization for that facility. The order shall be issued by the board on a non-discretionary basis, and no factual
investigation or hearing by the board shall be conducted. The order shall acknowledge receipt of certification of the tolling event, extend
the previously established project completion or commercial operation deadline date
for the facility by an amount of time prescribed by this section, and provide such
other and further relief as the board may deem appropriate. c. A project sponsor shall have a continuing obligation to apprise the board, on at
least a quarterly basis, regarding the nature and extent of the tolling event and
its anticipated duration, which requirement may be satisfied by including such information
in the quarterly milestone reporting form required to be submitted to the board for
the qualified solar electric power generation facility. d. The project sponsor shall complete the facility and commence commercial operation
within the time period provided by the applicable board order and this section. e. In the event a qualified solar electric power generation facility receiving an
extension pursuant to this section achieves commercial operation 12 months or less
beyond what otherwise would be the deadline for the qualified solar electric power
generation facility to achieve commercial operation pursuant to the applicable board
order granting conditional certification as connected to the distribution system,
including any extensions previously authorized by law, rule, regulation, or applicable
board order, that qualified solar electric power generation facility shall receive
the solar incentive pursuant to the solar incentive program for which application
was made at a discount of 10 percent of the original incentive value. In the event a qualified solar electric power generation facility receiving an extension
pursuant to this section achieves commercial operation between 12 and 24 months beyond
what otherwise would be the deadline for the qualified solar electric power generation
facility to achieve commercial operation pursuant to the applicable board order granting
conditional certification as connected to the distribution system, including any extensions
previously authorized by law, rule, regulation, or applicable board order, that qualified
solar electric power generation facility shall receive the solar incentive pursuant
to the solar incentive program for which application was made at a discount of 15
percent of the original incentive value. f. As used in this section: “ Project sponsor ” means a municipality, business entity, person, property owner, developer, redeveloper,
or other interest that is the party pursuing the development and implementation of
a qualified solar electric power generation facility under a solar incentive program
administered by the board. “ Qualified solar electric power generation facility ” or “ facility ” means a solar electric power generation facility that has, as of the effective date
of P.L.2023, c. 158 ( C.48:3-121 ), received by board order conditional certification to participate in a solar incentive
program pursuant to subsection t. of section 38 of P.L.1999, c. 23 ( C.48:3-87 ). “ Tolling event ” means any action or inaction of the PJM Interconnection, L.L.C., any moratorium
in new applications declared by the PJM Interconnection, L.L.C., any deferral in processing
of existing applications by the PJM Interconnection, L.L.C., any new application process,
study, report, or analysis established by the PJM Interconnection, L.L.C., to approve
and contract a project, the deferral to negotiate, execute, and deliver any other
engineering or other studies, agreements, or approvals required by the PJM Interconnection,
L.L.C., as a prerequisite to project interconnection or commercial operation of a
qualified solar electric power generation facility.
Frequently Asked Questions About New Jersey § 48:3-121
What does New Jersey Statutes § 48:3-121 cover?
Section 48:3-121 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 48:3-121?
A common citation format is "New Jersey Statutes § 48:3-121" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 48:3-121 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.