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NJ A3781

Bill

Status

Engrossed

6/28/2024

Primary Sponsor

Wayne DeAngelo

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • Requires the Board of Public Utilities to establish within one year a program promoting women-owned, minority-owned, veteran-owned, and LGBTQ-owned energy businesses through public information campaigns, marketing, advertising, and incentives

  • Sets escalating goals for natural gas and electricity purchased by business customers and public entities through licensed energy agents to be sourced from qualifying diverse-owned energy businesses: 5% in year one, 11% in year two, 18% in year three, and 25% in year four and beyond

  • Qualifying businesses must be certified by an appropriate state or national certifying organization (such as National Minority Supplier Development Council or Women's Business Enterprise National Council), registered to do business in New Jersey, and have filed a current Annual Report with the Division of Revenue

  • Establishes a 60-day annual enrollment period for eligible energy businesses to apply to participate in the program, with approved participants listed on BPU and public utility websites

  • Requires the BPU to create a tracking system to monitor progress toward program goals and post regular updates on its website

Legislative Description

Requires BPU to develop program to promote certain energy businesses in State.

Budget and Appropriations

Last Action

Recommitted to Senate Budget and Appropriations Committee

6/19/2025

Committee Referrals

Environment and Energy9/19/2024
Appropriations6/3/2024
Telecommunications and Utilities2/22/2024

Full Bill Text

No bill text available