This bill mandates that electric public utilities in New Jersey must accept, process, and approve interconnection applications for grid supply solar facilities with a capacity of 20 megawatts or less. The utilities can only reject applications if they find them incomplete or if the proposed interconnection poses safety risks or stability issues to the electric distribution or transmission system. If an application is deemed incomplete, the utility is required to provide recommendations for modifications. Additionally, once a facility is approved for interconnection, it must comply with the utility's tariffs and application processes, and the owner must cover all interconnection costs.

Furthermore, the bill stipulates that grid supply solar facilities connected under these provisions will be compensated by the electric public utility for the electricity they supply, based on real-time measurements at the point of interconnection. The bill also requires utilities to extend interconnection facilities at the applicant's expense, ensuring that these facilities meet safety and construction standards. The Board of Public Utilities is tasked with adopting necessary rules and regulations to implement these provisions within 120 days of the bill's effective date.