Requires public utilities to provide Energy Star-rated product and appliance rebates of no less than 20 percent of total cost of product or appliance.
Introduced First Reading Senate Referred to SEG
Summary
The bill orders any New Jersey public utility that runs a rebate program for residential Energy Star‑rated items to offer a rebate equal to at least 20% of the purchase price. It applies only to utilities whose programs are approved by the Board of Public Utilities and are part of an energy‑efficiency or peak‑demand reduction effort. The goal is to make energy‑saving products more affordable for homeowners.
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