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Bill > S244
NJ S244
NJ S244Directs BPU to conduct study to determine feasibility of use of large-scale geothermal heat pump systems in State.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill directs the Board of Public Utilities (BPU) to conduct a study of the feasibility and benefits of implementing large-scale geothermal heat pump systems (GHPs), as these systems are defined in the bill. The bill requires the BPU, in conducting the study, to assess the challenges and obstacles for the installation of large-scale GHPs in the State, and to consult with the United States Department of Energy, other states, geothermal experts and public and private entities with experience installing GHPs, and public utilities concerning the feasibility, costs, and benefits of the use of geothermal energy and GHPs. The bill requires the BPU to consider the feasibility and desirability of establishing a financial incentive system, or the use of other available means and methods, to encourage and incentivize the development and successful deployment of geothermal energy and geothermal heat pump systems. The bill also requires the BPU to evaluate the costs and savings to ratepayers, government entities, electric public utilities, and the State associated with the implementation of the study findings and recommendations, and provide a recommendation on the feasibility of, need for, and design of, a pilot program in the State for the installation of GHPs. Finally, the bill requires the BPU, within one year after the bill is enacted into law, to prepare and submit a written report to the Governor and the Legislature summarizing the findings from the study, and providing recommendations for the feasibility, need for, and design of a pilot program, and for legislative, executive, and other actions.
AI Summary
This bill directs the Board of Public Utilities (BPU) to conduct a comprehensive study on the feasibility and benefits of implementing large-scale geothermal heat pump systems (GHPs) across the state. Geothermal heat pump systems utilize the stable temperatures of the earth to heat and cool buildings, with GHPs referring to ground-source heat pumps and ground heat exchangers being the underground infrastructure that facilitates this heat transfer. The BPU is required to assess installation challenges, consult with federal and state energy departments, geothermal experts, private companies, and public utilities to gather information on costs and benefits, and explore the potential for financial incentives or other methods to encourage the development of geothermal energy. Additionally, the BPU must evaluate the potential costs and savings for consumers, government entities, and utilities, and recommend whether a pilot program for GHP installation is feasible and how it should be designed. Finally, within one year of the bill becoming law, the BPU must submit a report to the Governor and Legislature detailing its findings and recommendations for future actions.
Committee Categories
Agriculture and Natural Resources
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Environment and Energy Committee (on 01/09/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S244 |
| BillText | https://pub.njleg.gov/Bills/2026/S0500/244_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/S0500/244_I1.HTM |
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