Permits electric public utilities, electric power suppliers, and basic generation service providers to enter into certain agreements with building owners for use of solar electric systems at owners' buildings.
Impact
The implications of A3195 are substantial as it modifies existing laws under P.L.1999, c.23, specifically expanding the scope of permissible agreements related to solar energy utilization. This measure is viewed as a means to incentivize public utilities to invest in renewable technologies, fostering local economies and fulfilling state mandates for increased solar power generation. The bill is expected to create regulatory clarity and operational frameworks for utilities and private entities, potentially accelerating solar project approvals and implementations.
Summary
Assembly Bill A3195, introduced in New Jersey, aims to facilitate the use of solar electric systems by allowing electric public utilities, electric power suppliers, and basic generation service providers to enter into agreements with building owners for the installation and use of solar electric systems. This initiative is positioned as a vital step towards enhancing the state's renewable energy resources, particularly in urban areas where solar installations can significantly offset conventional energy consumption. By establishing these agreements, the bill seeks to promote solar energy uptake, thereby aligning with New Jersey's sustainability goals.
Contention
While proponents celebrate the momentum towards greener energy solutions, concerns have arisen from various stakeholders about the potential for reduced local control over energy choices and the economic impacts on smaller energy producers. Critics argue that without sufficient checks and balances, such agreements could tilt energy markets in favor of larger utilities at the expense of consumer choices and smaller competitive businesses. The balance between fostering renewable energy development and maintaining diverse market participation remains a significant point of debate as the bill progresses through the legislative process.
Requires, by energy year 2050, all electric power sold in NJ by each electric power supplier and basic generation service provider to be from zero-carbon sources.
Requires, by energy year 2050, all electric power sold in NJ by each electric power supplier and basic generation service provider to be from zero-carbon sources.
"New Jersey Clean Energy Act of 2024"; establishes 100 percent clean electricity standard and directs BPU to establish clean electricity certificate program.
Authorizing certain power purchase agreements with renewable energy suppliers, exempting the sales of electricity pursuant to power purchase agreements from public utility regulation and requiring electric public utilities to enter into parallel generation contracts with certain customers of the utility.
Requires BPU to establish beneficial building electrification program and requires electric public utilities to prepare and implement building electrification plans.
An Act Concerning The Public Utilities Regulatory Authority, The Regulation Of Electric Rates And State Public Policy Concerning Electricity Generation.
Requires BPU to establish beneficial building electrification program and requires electric public utilities to prepare and implement beneficial building electrification plans.
Requires BPU to provide funding for purchase and installation of photovoltaic technologies for age-restricted community clubhouse facilities from societal benefits charge.
Requires BPU to provide funding for purchase and installation of photovoltaic technologies for age-restricted community clubhouse facilities from societal benefits charge.
Requires BPU to provide funding for purchase and installation of photovoltaic technologies for age-restricted community clubhouse facilities from societal benefits charge.
Requires BPU to provide funding for purchase and installation of photovoltaic technologies for age-restricted community clubhouse facilities from societal benefits charge.