New Jersey A4517 requires the Board of Public Utilities to cover compliance costs for customers under state energy policies.

New Jersey A4517 mandates the New Jersey Board of Public Utilities to cover compliance costs incurred by residential and commercial customers of public utilities while adhering to state energy policies. These costs include expenses for new appliances, equipment, inspections, upgrades, and infrastructure improvements. The board will fund these payments using uncommitted monies from the societal benefits charge, the Global Warming Solutions Fund, and the settlement agreement with Orsted. If these funds are insufficient, the board will use appropriations from the General Fund.

New Jersey A4517 requires the Board of Public Utilities to cover compliance costs for customers under state energy policies.

New Jersey A4517 mandates the New Jersey Board of Public Utilities to cover compliance costs incurred by residential and commercial customers of public utilities while adhering to state energy policies. These costs include expenses for new appliances, equipment, inspections, upgrades, and infrastructure improvements. The board will fund these payments using uncommitted monies from the societal benefits charge, the Global Warming Solutions Fund, and the settlement agreement with Orsted. If these funds are insufficient, the board will use appropriations from the General Fund.