Establishes "Community Power Storage Program."

Summary

The bill directs the New Jersey Board of Public Utilities to develop a Community Power Storage Program that lets customers participate in off‑site energy storage facilities and receive utility‑bill credits equal to the electricity their share feeds back to the grid. It sets goals for up to 2,000 MW of storage, prioritizes urban and vacant industrial sites, and includes provisions for low‑ and moderate‑income participants. Utilities may recover all costs incurred in implementing the program.

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

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