Bill > A4658

This bill revises the state's renewable energy portfolio standards. The key provisions are: - It increases the percentage of electricity that must come from Class I renewable energy sources, reaching 100% by 2045, subject to cost caps to limit the impact on customer bills. - It exempts electricity from nuclear power plants and certain zero-carbon generating facilities from the renewable energy requirements starting in 2030. - It requires that at least 50% of the renewable energy credits used to meet the standards come from facilities located within the state starting in 2030. - It makes various other changes to the solar energy requirements, offshore wind program, and related provisions to promote the development of renewable energy in the state in a cost-effective manner.

Transportation and Infrastructure

https://www.njleg.state.nj.us/bill-search/2022/A4658