NJAA Honors Former NJ Board of Public Utilities President, Lee Solomon

On Tuesday, December 13th, 2011, the New Jersey Apartment Association (NJAA) presented the Honorable Lee Solomon, former president of the New Jersey Board of Public Utilities (BPU) with the NJAA President’s Award for Leadership in Regulatory Reform, recognizing his efforts to secure BPU approval of a petition allowing water sub-metering in new multi-family rental construction. 

Approval of the NJAA’s petition on sub-metering in August 2011 was one of the first energy policy recommendations from the Lt. Governor’s bi-partisan Red Tape Review Commission Report to be enacted, making New Jersey the 50th state to allow renter households to pay only for their own usage of utilities, rather than all of the households in a building absorbing the entire burden regardless of consumption.

Studies by the US Environmental Protection Agency (EPA) in other states indicate that sub-metering laws should result in a 15 percent reduction in water usage, making it a proven and reliable conservation technology.

“Former President Solomon was instrumental in guiding our petition through the Board review and approval process, making sure that the Lt. Governor’s Red Tape Report recommendation on sub-metering became a reality,” said Jean Maddalon, Executive Director for the NJAA. “His efforts resulted in a win for property owners, builders, renters and the environment.”

The NJAA, which consists of the larger, professional owners, managers, builders and developers of private capital/market rate units as well as government-subsidized/affordable multi-family rental housing, is dedicated to provide safe, clean and affordable rental housing to more than one million families throughout the state.