TRENTON – A bill sponsored by Senators John H. Adler and Bob Smith which will exempt renewable energy systems, such as solar panels, from local property taxes was signed into law yesterday by Governor Corzine.
“One of the biggest challenges we face in the next decade is breaking our national reliance on foreign-produced fuel,” said Senator Adler, D-Cherry Hill. “I am sick of sending American money around the world to buy oil from countries that hate us. This law will help us grow our own economy and protect our environment at the same time, while reducing our dependence on foreign oil.”