Establishes conditions for net metering for authorized food waste recycling facilities in New Jersey.
The bill establishes conditions for net metering for authorized food waste recycling facilities in New Jersey. It allows these facilities to receive credits for excess electricity generated, with options for compensation or real-time crediting. Facilities can also sell excess power to end-use customers within the same utility service territory or enter into bilateral agreements for power sales. The bill specifies that these facilities are eligible for net metering, which credits customers for electricity produced from renewable sources.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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