Repeals energy reduction and reporting requirements for electric and natural gas usage in New Jersey.
The bill repeals the requirement for a two percent and.75 percent reduction in average annual electric and natural gas usage, respectively. It also repeals the authority for the Board of Public Utilities to conduct certain studies on energy usage reduction and implement their findings, which has resulted in the current annual usage reduction requirements of 2.15 percent and 1.10 percent for electric and gas utilities, respectively.
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