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Last Updated: 03/21/2018
For Your Business / Save Energy & Money / Solar Loan Program / Solicitation Process

Competitive Solicitation Process for Residential Aggregated Customers

In previous versions of the Solar Loan Program, customers were permitted to apply for loans at any time, and the program included a set floor price for SREC value that was dependent on the date that your application was received. 

In the current version of the program, PSE&G will hold 4-6 competitive solicitations each year.  During those solicitations, only a portion of the total capacity for each segment will be available to applicants.  View a copy of the schedule.

Applicants are required to provide a bid for a guaranteed SREC floor price at the time that they submit their application.  These bids will determine if the application is accepted by PSE&G and also have a direct impact on the loan amount.

  • Learn how the competitive solicitation process works.
  • Rules and details regarding the solicitation process.
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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