Solar and Storage Industry Statement on NJ Gov. Sherrill Signing Bill to Bolster Energy Storage Development 

TRENTON — Today, Governor Mikie Sherrill signed A4529/S3819 to expand the number of transmission-scale energy storage projects that can qualify for the state’s incentive program designed to spur energy storage development in New Jersey. The bill passed with broad bipartisan support.

Following is a statement from Sara Birmingham, vice president of state affairs of the Solar Energy Industries Association (SEIA):

“Governor Sherrill was elected on a promise to lower energy prices in New Jersey, and this new law to strengthen energy storage deployment will help do just that. The legislation will expand the number of transmission-scale storage projects eligible for state incentives, strengthening the resilience of our grid and insulating ratepayers from volatile gas prices.

“Energy storage is central to lowering electricity prices and meeting surging energy demand in New Jersey. Storage is fast to build and can send low-cost solar power to the grid when it’s needed most, reducing the state’s dependence on expensive gas peaker plants.

“The solar and storage industry thanks Governor Sherrill, Assemblymember DeAngelo, Senator Smith and Senator Burzichelli for their leadership to secure New Jersey’s energy future. Storage companies are ready to deliver affordable, reliable power to the people of New Jersey.”

Solar and battery storage accounted for 79% of new grid power capacity across the country in 2025, according to SEIA and Wood Mackenzie’s U.S. Solar Market Insight 2025 Year in Review report.

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Media Contact:

Jacob Weinberg, Solar Energy Industries Association (SEIA), [email protected], 703-350-3774  

About SEIA®: 

The Solar Energy Industries Association® (SEIA) is leading the transformation to a clean energy economy. SEIA works with its 1,200 member companies and other strategic partners to fight for policies that create jobs in every community and shape fair market rules that promote competition and the growth of reliable, low-cost solar power. Founded in 1974, SEIA is the national trade association for the solar and solar + storage industries, building a comprehensive vision for the Solar+ Decade through research, education and advocacy. Visit SEIA online at www.seia.org and follow @SEIA on TwitterLinkedIn, and Instagram.

 

 

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