Establishes "Solar Roof Installation Warranty Program" in EDA and transfers $2 million from societal benefits charge to initially fund program.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill establishes the "Solar Roof Installation Warranty Program" within the New Jersey Economic Development Authority (EDA). It transfers $2 million from the societal benefits charge to initially fund the program, which aims to provide a warranty for commercial, industrial, and institutional buildings with solar panel installations. The program will be administered by the EDA and will offer indemnification to building owners for roof damage related to solar panel installations.
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