Establishes solar energy grant program in BPU to provide grants to public schools for solar energy projects; appropriates $15 million.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill establishes a solar energy grant program within the Board of Public Utilities (BPU) to provide financial assistance to public schools in New Jersey for installing solar energy projects. The program will be funded with $15 million and aims to reduce energy costs, improve school energy system resilience, and contribute to the state’s climate goals. Applicants must meet specific criteria and grant amounts will cover up to 50% of eligible project costs, with a reimbursement requirement if the school facility is sold within a certain timeframe.
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