State Officials Look for Path to Rescue Market for Solar Incentives

The Star-Ledger

The market that New Jersey officials set up to subsidize solar energy needs a rescue or there will be disastrous layoffs in the industry, business leaders, politicians and regulators say.

Those in the industry say if the government doesn’t step in to raise subsidy prices paid to solar panel owners, a bust in the market will kill jobs created in the last few years as New Jersey’s solar capacity has more than doubled, putting the state second only to California.