1. New Jersey’s Clean Energy Program: Solar Market Update Charlie Garrison Solar Transition Meeting 2/16/2012

2. Solar Installed Capacity Data The installed solar capacity as of 1/31/12 is approximately 649.1 MW. – Approximately 84 MW installed in current month The solar capacity project pipeline as of 1/31/12 is approximately 548 MW. – The pipeline capacity was 618.7 MW on 12/31/11.

3. Solar Installed Capacity History

4. Solar Capacity By Interconnection Type

5. NJCEP Solar Generation Forecast This data is provided for informational purposes only. Past levels of installed capacity rates are not predictive of future values, and any persons considering investment in the solar market should perform their independent due diligence.

6. NJCEP Solar Generation Forecast Assumptions used in forecast of annual capacity added: Low - Based upon 50% of incremental RPS requirement Med - Based upon incremental RPS requirement High - Based upon 6 month average install rate, declining 20% per year

7. NJCEP Solar Generation Forecast Summary By Energy Year - As of 1/31/12

8. NJCEP Solar Generation Forecast