Requires BPU to establish beneficial building electrification and decarbonization program and requires certain entities to submit plans to implement individual beneficial building electrification and decarbonization programs.
Energy efficiency programs; definitions, incremental annual savings.
Authorizing electric public utilities to recover certain depreciation and construction work in progress expenses and limiting the time that such recovery may be implemented, authorizing the provision of economic development electric rates for certain large electric customers and limiting the time that such rates may be implemented, extending the timeline for the state corporation commission to issue an order in ratemaking treatment proceedings, authorizing electric public utilities to retain certain generating facilities in the utilty's rate base, prohibiting the commission from authorizing the retirement of certain generating facilities unless certain requirements are met, increasing the capacity limitation for the total amount of net metering facilities that may operate in the service territory of an investor-owned electric public utility, requiring net metering facilities to be appropriately sized based on the customer's average load and establishing requirements for exporting power from a net metering system to a utility.
Electric utilities; clean energy mandates, transitioning workers, etc.
Energy efficiency programs; definitions, incremental annual savings.
Energy storage requirements; Department of Energy, et al., to develop model ordinances, reports.
Energy storage requirements; Department of Energy, et al., to develop model ordinances, reports.
Natural gas, biogas, and other gas sources of energy; definitions, energy conservation.