The proposed bill establishes the Office of Clean Energy Equity within the Board of Public Utilities (BPU) to ensure equitable access to clean energy, energy efficiency, and energy storage programs specifically for overburdened communities. The office aims to benefit at least 250,000 low-income households or 35% of low-income households in the state by 2030, with a target of reducing their average energy burden to below 6% of household income. The bill mandates the establishment of a minimum of 1,600 megawatt hours of energy storage in these communities by 2030 and requires the BPU to allocate at least 10% of its annual clean energy budget, or a minimum of $50 million, to support the office's initiatives.

Additionally, the bill amends the existing Community Solar Energy Pilot Program to ensure that the permanent community solar program provides access to solar energy projects for low- and moderate-income customers. It emphasizes collaboration with various state departments and community organizations to enhance outreach and support for clean energy initiatives. The bill also mandates that all new constructions in overburdened communities be solar-ready and gives preference to clean energy projects that include minority or women-owned businesses. Furthermore, the BPU is tasked with conducting a study on utility rate schedules for multi-family housing and the benefits of community solar for these customers.

Statutes affected:
Introduced: 48:3-87.11