The investment, which would occur over three years and be paid for by customers, is about half of what PSE&G had initially proposed.
PSE&G, the state’s largest utility, would spend $247 million on 42 megawatts of solar farms atop landfills and brownfields and another 3 megawatts for smaller projects. One megawatt of energy can power about 1,000 homes.
It would also invest as much as $199 million on 97.5 megawatts of new sun-powered systems through a separate loan program.
Source: http://electricalcontractor.com/?p=9906
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