New Jersey A743 removes demand side management programs from cost recovery through the societal benefits charge.
New Jersey A743 eliminates the cost recovery for demand side management programs through the societal benefits charge. This bill specifically excludes certain funding for energy efficiency and Class I renewable energy programs from the clean energy funds established by the Board of Public Utilities. The Board of Public Utilities will no longer recover costs for demand side management programs, which previously included funding for energy efficiency and renewable energy initiatives. This change affects electric and gas public utilities in New Jersey.
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- Legal Framework
- Critical Issues
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