1245 AIRPORT ROAD

New Jersey Community Solar Pilot Program Phase 2 Lexington Holdings, LLC

LakewoodNJ

Attributes

State New Jersey
Utility type Investor-owned utility (IOU)
Regulatory Structure Regulated
Community Solar Bill Credit Value Retail Rate
Community Solar Enabling Legislation Yes
Value of State Level RECs & Subsidies High = more than 25% of value stack
Eligible for Tax Benefits Yes

Installation type Roof
Year energized 2022
Project capacity 1,209 KW AC
LMI Share of Capacity 51%
LMI Requirement Carve-out
Energy Rate Average $0.16
LMI Customer Savings 18%
Minimum LMI Savings Mandated No
Potential # LMI Subscribers 247

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