Establishes the Division of Energy Resource and Development; transfers certain responsibilities from BPU to the Division of Energy Resource and.
The bill establishes the Division of Energy Resource and Development within the Department of the Treasury. It transfers certain responsibilities from the Board of Public Utilities (BPU) to the division, including energy efficiency programs, clean energy programs, energy generation planning, and electric vehicle incentive programs. The division is tasked with providing a unified direction of policies, programs, and personnel in the field of energy efficiency, renewable energy, and emissions reduction.
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