summary
Introduced
06/24/2025
06/24/2025
In Committee
06/24/2025
06/24/2025
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill establishes the "Community Power Storage Program." Specifically, the Community Power Storage Program is intended to permit customers of an electric public utility to participate in an energy storage project that is located remotely from their properties but is within their electric public utility service territory to allow for a credit to the customer's utility bill greater than or equal to the electricity discharged to the electric distribution and transmission system that is attributed to the customer's participation in the energy storage project. The bill provides the Board of Public Utilities (board) the authority to establish rules and regulations in order to effectuate certain requirements set forth in the bill. The bill also requires the board to make available on its Internet website information on energy storage projects whose owners are seeking participants. Under the bill, the board is required establish certain standards and an application process for owners of energy storage projects who wish to be included in the Community Energy Storage Program. Finally, the bill allows an electric public utility, subject to review by the board, to recover the all costs incurred in the implementation and compliance with the bill.
AI Summary
This bill establishes the "Community Power Storage Program," which allows customers of electric public utilities to participate in energy storage projects located within their utility service territory, even if the projects are not on their own property. The bill requires the Board of Public Utilities (BPU) to develop rules within 210 days of enactment, including setting a capacity limit of 5 megawatts per project and a goal of registering 2,000 megawatts of energy storage projects by 2034. The program aims to prioritize urban areas and industrial sites, ensure participation from low- and moderate-income customers, and provide bill credits to participants equal to the electricity they contribute to the electric distribution and transmission system. The BPU must create standards for project approval, verify energy discharge, implement consumer protections, and ensure each approved project has at least two participating customers. Electric utilities will be allowed to recover implementation costs, and the BPU must submit an annual report to the Governor and Legislature evaluating the program's effectiveness. The bill defines an energy storage project as any technology that can convert and store electrical energy for later use, such as batteries or other storage systems connected to the state's electric grid.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 06/24/2025)
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/A5881 |
| BillText | https://pub.njleg.gov/Bills/2024/A6000/5881_I1.HTM |
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