A 4959
"Affordable Power Purchase Agreements Extension Act"; concerns extension of certain public entity contracts related to energy conservation and renewable energy production.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, the Affordable Power Purchase Agreements Extension Act, aims to allow New Jersey’s public entities to extend their existing renewable energy contracts for up to 30 years. Currently, these contracts are limited to 15 years. The bill removes the requirement for public bidding processes when extending these agreements, streamlining the process for public entities to secure long-term renewable energy supplies. This extension is intended to support the state’s goals for clean energy production and conservation.
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Primary sponsors
Cosponsors
Anthony Angelozzi
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