Bill > A5040

This bill establishes the "New Jersey Town Center Microgrid Pilot Program Act." The key provisions of the bill are: 1. It allows pilot agencies (municipal, county, or state government entities) to enter into project agreements and power purchase agreements with developers to create "Town Center Distributed Energy Resources Microgrids" that can supply electrical power to critical facilities within the pilot agency's boundaries. 2. The Division of Local Government Services and the Board of Public Utilities have oversight and approval roles for these agreements. The bill outlines the application and approval process, including public hearings and review criteria. 3. Pilot agencies can sell the electrical power purchased under these agreements to other critical facilities, other local units through shared service agreements, and certain state/federal entities and non-profit healthcare organizations. 4. The Board of Public Utilities, in consultation with the Division and Department of Environmental Protection, must submit a report to the Governor and Legislature on the implementation of the Act within four years of its effective date.

Business and Industry

https://www.njleg.state.nj.us/bill-search/2022/A5040