Establishes thermal energy network pilot program for gas public utilities.

Summary

The bill directs the New Jersey Board of Public Utilities to approve up to one thermal‑energy network project in each of the state’s four regions and lets gas utilities recover the costs through customer rates. These networks would use geothermal or other renewable heat sources to provide space heating, cooling or water heating to multiple buildings, especially where gas pipelines are old, leaking, or missing. The pilot is meant to measure the benefits, costs and environmental impact of such systems.

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