By Tom Johnson, Energy/Environment Writer
Published 04-03-24
Submitted by Atlantic City Electric
Originally published by Tom Johnson on NJ Spotlight News
In a bid to fix a growing problem throttling solar development throughout the state, lawmakers are pushing to open the electric grid to absorb significantly more clean-energy projects.
Legislation cleared by a committee earlier this week is modeled after an initiative approved for Atlantic City Electric during its most recent rate case before utility regulators. Much of the utility’s franchise territory in South Jersey is so constrained that most residential solar projects cannot hook into its distribution system.
Atlantic City Electric is a unit of Exelon (Nasdaq: EXC), a Fortune 250 company and the nation’s largest utility company, serving more than 10 million customers. Atlantic City Electric provides clean, safe, reliable and affordable energy service to approximately 565,000 customers in southern New Jersey.
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