Establishes a green infrastructure financing program to provide low-cost financing for green infrastructure equipment and installations for New.
This bill establishes a green infrastructure financing program to make green infrastructure equipment and installations accessible and affordable for New Jersey’s electric and gas public utility customers. The program is administered by the New Jersey Economic Development Authority in conjunction with the Board of Public Utilities. It authorizes the issuance of green infrastructure bonds, creation of green infrastructure property, and imposition of a green infrastructure fee. The program aims to achieve measurable cost savings and support the State's clean energy goals.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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