New Jersey A3253 establishes an incentive program for geothermal energy systems and a grant program for government energy aggregators, and increases.
New Jersey A3253 directs the Board of Public Utilities to create an incentive program for geothermal energy systems, offering fixed-rate monthly incentives to system owners based on environmental and peak demand reduction benefits. The Board is also tasked with establishing a grant program to support counties and municipalities acting as government energy aggregators, which negotiate with third-party providers to offer lower rates or higher renewable energy mixes to residents.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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