Establishes "Community Power Storage Program."
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill establishes the ‘Community Power Storage Program’ in New Jersey, allowing customers to participate in energy storage projects located outside their homes but within their utility’s service area. Customers would receive a credit on their utility bills equal to or greater than the energy discharged by the project. The program aims to encourage the development of energy storage facilities and provide benefits to participating customers.
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