Establishes "Community Power Storage Program" to allow utility customers to participate in remote energy storage projects.
The bill establishes the "Community Power Storage Program" to allow customers of an electric public utility to participate in energy storage projects located remotely but within their utility service territory. The Board of Public Utilities is tasked with setting rules and regulations, including capacity limits, geographic limitations, and minimum customer participation. The program aims to achieve a total of 2,000 megawatts of energy storage projects by 2034. Customers can receive credits on their utility bills for the energy they discharge.
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