Repeals energy reduction and reporting requirements for electric and natural gas usage in New Jersey.
This bill repeals certain energy reduction and reporting requirements for electric and natural gas usage in New Jersey. It removes the mandate for electric and gas public utilities to achieve annual usage reductions and submit compliance petitions. The bill also eliminates the authority for the Board of Public Utilities to assess penalties or incentives based on compliance and establish stakeholder processes for evaluating energy efficiency programs. The changes aim to realign New Jersey's clean energy goals with the state's focus on affordable energy access.
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