The document discusses PSE&G's Solar 4 All program which has approved 80MW of solar projects including rooftop and land-based installations. The program has created over 1,200 jobs so far in New Jersey with around 800 more expected. It allows third parties to develop solar on unused land and roofs by leasing to PSE&G. Several brownfield sites have been converted including a landfill providing power for 1,500 homes. An extension is planned focused on municipalities by leasing land for solar and providing payments for 20 years. This would help budgets while the electricity powers the grid. An example project with Saint Peter's Healthcare System saves $1 million per year through solar and efficiency programs.

1. NJF Redevelopment Forum
Al Matos
Vice President - Renewables and Energy Solutions,
PSE&G
March 9, 2012
Financial Managers
Learning Forum
PSE&G Kearny Landfill results. Farm 1
We turn expertise into
Solar

2. Solar 4 All™
 Approved by NJBPU in 2009
 80MW program :
 Segment 1: on roofs and land
 Segment 2: on utility poles
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3. PSE&G Solar Projects Create Good Jobs for NJ
~ 1200 jobs through Solar 4 All
and Solar Loan programs to
date
~About 800 more by the time
both programs are complete
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4. Solar 4 All Third Party Sites
 Solar 4 All leases help third parties
unlock the value in unused land
and roofs
 Several projects in service: Matrix
Development Group; Rider
University; Newark Public Schools
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5. Turning Landfills and
Brownfields Green
 One landfill and three brownfield
solar farms in service = 9.5MW will
power ~1500 average size homes
 Additional brownfield site in Trenton, NJ
development in Hackensack
Linden, NJ
NJMC 1A
Landfill
Kearny, NJ
Edison, NJ
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6. How Solar 4 All Could Help Municipalities
 PSE&G plans to seek authorization from the New Jersey Board of Public
Utilities (BPU) for an extension to our existing Solar 4 All program
 The extension will have several new parts including a 65 MW segment NJ
Trenton,
focused on municipal, county and state government entities (including
authorities such as Improvement Authorities.
 Benefit to the Municipality/Government Entity
 PSE&G will make lease payments to the municipality/government entity for 20
years based on market rates.
 Each of these solar projects will be “grid connected” in that electricity
generated by each solar project will flow directly to the power grid.
 This eliminates the constraint on a projects size that can occur with a “net-
metered” project.
 By entering into a solar lease agreement with PSE&G, municipalities and other
government entities can provide another revenue stream to help tight budgets.
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7. Success Story: Saint Peter’s Healthcare System
 Saint Peter’s 2.1MW
combined solar system is
largest at a NJ hospital
 Project is financed in part by
the PSE&G Solar Loan
Program
 Saint Peter’s also
participated in our Hospital
Efficiency Program.
 Total PSE&G investment
through solar and EE
programs was ~ $10MM
 Saint Peter’s will save $1MM/
year in energy costs x next
25 years
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