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Last Updated: 03/21/2018

Solar Developers for Residential Aggregated Projects

Fee Structure:

  • Application Fee -- $20/kW (maximum of $7,500 per application); Non-refundable upon receipt of conditional bid award.
  • Administration Fee -- $85/kW deducted from the loan proceeds at closing.
  • SREC Processing Fee -- $14.85/SREC* to offset the long-term cost of processing and managing SRECs generated by the solar generation facility; the fee will be billed at the time of the borrower’s annual true-up and multiplied by the number of SRECs generated by the project over the previous year.

Participants should select a bid price that takes into account the new program fee structure.

All fees will be incorporated into the loan calculators available on the PSE&G SLIII dedicated website.

*Adjusted annually based on PSE&G Program cost forecasts.  

Solar Loan Information /
Frequently Asked Questions

Get answers to the most common questions.

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Application Web Portal

Review the application process.

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Solar Loan Estimator /
Residential Aggregated


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