New Jersey A4365 requires the State to cover the costs of connecting residential renewable energy systems to the grid.

New Jersey A4365 mandates that the State of New Jersey bear the reasonable costs of interconnecting all new net-metered, residential, Class I renewable energy systems to the grid, beginning six months after the bill’s enactment. The Board of Public Utilities (BPU) is tasked with establishing a grant program to distribute funds to electric public utilities or their customers to cover these interconnection costs. The bill also authorizes the BPU to utilize moneys collected through the societal benefits charge to fund the program.

New Jersey A4365 requires the State to cover the costs of connecting residential renewable energy systems to the grid.

New Jersey A4365 mandates that the State of New Jersey bear the reasonable costs of interconnecting all new net-metered, residential, Class I renewable energy systems to the grid, beginning six months after the bill’s enactment. The Board of Public Utilities (BPU) is tasked with establishing a grant program to distribute funds to electric public utilities or their customers to cover these interconnection costs. The bill also authorizes the BPU to utilize moneys collected through the societal benefits charge to fund the program.