Establishes the "Neighborhood Solar Energy Investment Program" to allow utility customers to invest in solar energy projects.
The bill establishes the "Neighborhood Solar Energy Investment Program" to allow customers of an electric public utility to invest in solar energy projects. The Board of Public Utilities is tasked with setting standards and an application process for solar energy projects, ensuring they produce at least the amount of energy credited to investors. The board must also provide information on solar projects seeking investors on its website.
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