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Bill > A3921


NJ A3921

NJ A3921
Revises State renewable energy portfolio standards.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill would revise the State's renewable energy portfolio standards (RPS), the provisions in law that require each electric power supplier and basic generation service provider to sell a certain percentage of electricity from renewable energy sources each year. Specifically, the bill would provide that, beginning in 2030, the RPS for Class I renewable energy (Class I RPS) would apply to the total electricity sold in the State after subtracting the amount of electricity generated by existing nuclear power plants and "zero-carbon" electricity sources that begin operation after 2030. The bill would define a "zero-carbon electric generating facility" as "any electric power generation facility that does not emit carbon dioxide as a by-product of combusting fuel to generate electricity." The bill would also require that, beginning in 2030, at least 50 percent of the renewable energy certificates (RECs) used by an entity to satisfy the Class I RPS be generated in New Jersey. The bill would also extend the Class I RPS to require that, beginning in 2045, 100 percent of the energy sold at retail in the State be from Class I renewable energy sources. The bill would also provide that the current RPS for Class II renewable energy, which requires that 2.5 percent of energy sold at retail be from Class II renewable energy sources, would expire in 2045. Finally, the bill would clarify that the Class I RPS may be satisfied by purchasing and retiring RECs.

AI Summary

This bill revises the state's Renewable Energy Portfolio Standards (RPS), which mandate that electricity providers sell a certain percentage of their power from renewable sources annually. Starting in 2030, the requirement for Class I renewable energy will be calculated based on total electricity sold, minus electricity from existing nuclear plants and new "zero-carbon" facilities that begin operation after 2030, with "zero-carbon electric generating facility" defined as one that doesn't emit carbon dioxide from fuel combustion. Additionally, by 2030, at least 50 percent of the Renewable Energy Certificates (RECs), which represent renewable energy generation, used to meet the Class I RPS must be generated within the state. The bill also extends the Class I RPS to require 100 percent of retail electricity sales to come from Class I renewable sources by 2045, while the current Class II RPS, requiring 2.5 percent from Class II sources, will expire in 2045. Finally, it clarifies that meeting the Class I RPS can be achieved by purchasing and retiring RECs.

Committee Categories

Transportation and Infrastructure

Sponsors (3)

Last Action

Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/13/2026)

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