Solar Development in New Jersey, and PV Impacts on the .
Solar Renewable Energy Certificate (SREC) Program Earn one (1) SREC for every 1,000 kWh the solar PV system produces. These can be sold or traded over a 15-year period; approx. $690 per mWh or $0.69 per kWh (2009-2010) Power Purchase Agreements (PPA) PSE&G Solar Loan Program