A 3980
"Powering Up New Jersey Act"; establishes requirements for certain public utility infrastructure investments.*
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
The ‘Powering Up New Jersey Act’ establishes requirements for public utility infrastructure investments to modernize the state’s electric grid. It mandates that utilities develop and implement plans to enhance grid capacity, reliability, and resilience, aligning with federal, state, and local environmental standards. The bill also introduces flexible interconnection tariffs and promotes the use of distributed energy resources. Furthermore, it establishes a process for accelerated investment and recovery of costs related to these upgrades.
Sponsors
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Primary sponsors
Kevin Egan
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