Requires BPU to develop program to promote certain energy businesses in State.

Summary

The bill directs the Board of Public Utilities (BPU) to develop a program that markets and incentivizes energy firms owned by women, minorities, veterans, or LGBTQ individuals. It sets progressive procurement goals so that a growing share of natural gas and electricity bought by businesses and public entities comes from these firms. The program includes certification requirements, an annual application window, and public reporting of participants and progress.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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