S.253

Directs BPU to conduct study to determine feasibility, marketability, and costs of implementing large-scale geothermal heat pump systems in State.

Complete·1/9/24
Introduced Text

New Jersey S253 directs the Board of Public Utilities to study the feasibility and costs of large-scale geothermal heat pump systems.

New Jersey S253 mandates the Board of Public Utilities to conduct a comprehensive study on the feasibility, marketability, and costs of implementing large-scale geothermal heat pump systems across the state. The study will assess installation challenges, compare energy efficiency and costs with other sources, and evaluate potential financial incentives. The Board must consult with the U.S. Department of Energy, geothermal experts, and other states.

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Sponsors

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History

Jan 9, 2024

Senate

Introduced in the Senate, Referred to Senate Environment and Energy Committee

Jan 9, 2024

Senate

Withdrawn Because Approved P.L.2023, c.328.