New Jersey S3954 mandates public utilities to offer rebates of at least 20% for Energy Star-rated products and appliances.
New Jersey S3954 requires public utilities to provide rebates of no less than 20 percent of the total cost for Energy Star-rated products and appliances. This applies to residential purchases as part of the utility's energy efficiency or peak demand reduction programs, approved by the Board of Public Utilities. The rebates aim to incentivize the use of energy-efficient products, aligning with federal Environmental Protection Agency standards. This act takes effect immediately upon enactment.
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