Establishes "Solar Roof Installation Warranty Program" in EDA to indemnify building owners for roof damage from solar equipment.
The bill establishes a "Solar Roof Installation Warranty Program" within the New Jersey Economic Development Authority (EDA). The program aims to provide indemnification to commercial, industrial, and institutional building owners for damages to building roofs resulting from the installation of solar photovoltaic equipment. Building owners must apply for participation in the program at the time of installation and demonstrate that the installer does not offer a comprehensive 20-year warranty.
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