QUICK FACTS
-
New Jersey averaged the 10th-highest electricity prices in the nation in 2014.
-
New Jersey’s Oyster Creek nuclear reactor, which is the oldest operating nuclear power plant in the United States, began operation in 1969 and is scheduled to shut down in 2019.
-
New Jersey has adopted a Renewable Portfolio Standard requiring that more than 20% of net electricity sales come from renewable energy resources by 2021; specific solar and offshore wind requirements are included in the standard.
-
New Jersey has enacted the nation’s first offshore wind renewable energy standard, requiring at least 1,100 megawatts by 2021 in its renewable energy portfolio.
-
New Jersey is home to the Gloucester Marine Terminal complex, the largest rooftop solar photovoltaic (PV) array in the United States. In 2014, all new electricity generating capacity installed in the state was solar PV capacity.
Source: U.S. Energy Information Administration (2015)
