New Jersey § 48:3-87
Full text of New Jersey New Jersey Statutes § 48:3-87, with citation guidance and answers to common questions.
§ 48:3-87.
a. As used in this section: “ Recovered materials ” means the same as the term is defined in 40 C.F.R. s.247.3 . “ Recovered materials manufacturing facility ” means a facility that: (1) received service under an electric public utility rate
that applied only to the owner of the facility on January 1, 2004; (2) manufactures
products made from recovered materials, provided, however, that not less than 50 percent
of the content of such products produced in this State meet the definition of recovered
materials; and (3) has in place a collective bargaining agreement. “ Recycled materials ” means any item or commodity which is manufactured or produced in whole or in part
from post-consumer waste material. “ Recycled materials manufacturing facility ” means a facility that: (1) receives service under an electric public utility rate
at or above 110 kilovolts delivery; (2) manufactures products made from recycled
materials, provided that not less than 90 percent of the content of such products
manufactured in the State meet the definition of recycled materials; and (3) employs
not less than 200 employees in the State. b. (1) Notwithstanding the provisions of section 38 of P.L.1999, c. 23 ( C.48:3-87 ), or any rule, regulation, or board order adopted pursuant thereto, to the contrary,
an electric power supplier or basic generation service provider shall be exempt from
all renewable energy portfolio standards obligations, including Class I RECs, Class
II RECs, SRECs, ORECs, or any other RECs, established pursuant to section 38 of P.L.1999, c. 23 ( C.48:3-87 ) or any other subsequent law, and any rule, regulation, or board order adopted pursuant
thereto, for all kilowatt hours of electricity supplied by such electric power supplier
or basic generation service provider to a recycled materials manufacturing facility or recovered materials manufacturing facility . A recycled materials manufacturing facility or recovered materials manufacturing facility shall not be required to pay any charges designed to offset any renewable energy
portfolio standards obligation of its electric power supplier or basic generation
service provider, including Class I RECs, Class II RECs, SRECs, ORECs, or any other
RECS. (2) For each electric power supplier or basic generation service provider requesting
the exemption established by paragraph (1) of this subsection, the kilowatt hours
of electricity sold to recycled materials manufacturing facilities and recovered materials manufacturing facilities shall be subtracted from the total kilowatt hours of electricity supplied to all
customers in the State by that electric power supplier or basic generation service
provider during that energy year such that the reduced total retail sales number shall
be used to calculate the renewable energy portfolio standards obligation for each
energy year. (3) Each recycled materials manufacturing facility and recovered materials manufacturing facility shall provide its electric power supplier or basic generation provider with (a) documentation
establishing that it meets the definition of a recycled materials manufacturing facility or recovered materials manufacturing facility, as appropriate , and (b) a sworn affidavit which certifies the number of kilowatt hours of electricity
that the electric power supplier or basic generation provider sold to that recycled
materials manufacturing facility or recovered materials manufacturing facility, as appropriate during that energy year. (4) At the end of each energy year, each electric power supplier or basic generation
supplier shall (a) submit to the board the sworn affidavit received from each recycled
materials manufacturing facility and recovered materials manufacturing facility pursuant to paragraph (3) of this subsection, and (b) provide this information on
the Retail Sales Adjustment Form that every electric power supplier and basic generation
provider is required to submit to the board at the end of each energy year. (5) The provisions of this subsection shall apply to all electricity sold to recycled
materials manufacturing facilities beginning on January 1, 2022. (6) The provisions of this subsection shall apply to all electricity sold to recovered
materials manufacturing facilities beginning on January 1, 2024.
Frequently Asked Questions About New Jersey § 48:3-87
What does New Jersey Statutes § 48:3-87 cover?
Section 48:3-87 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 § 48:3-87?
A common citation format is "New Jersey Statutes § 48:3-87" (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 § 48:3-87 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.