How S 4602 changes current law

Authorizes long-term public contracts of up to 25 years for provision of electricity and related products for energy storage systems. · New Jersey

How this bill changes current law

1 change

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This bill amends 1 section(s) of the New Jersey statutes: N.J.S.A. 40A:11-15.

  • N.J.S.A. 40A:11-15

    . . . . . . . forty and → 40 ; and (49) The provision of electricity and electricity-related products and services attendant to an energy storage system, including grid-support, reliability, resiliency, demand management, capacity, and other services provided through or enabled by an energy storage system, through an agreement, for a term not to exceed 25 years above, and provision of electricity and electricity-related products and services attendant to an energy storage system pursuant to subsection (49)

    amended

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