NJ S4876

Requires the Board of Public Utilities to solicit proposals for constructing at least 1,100 megawatts of advanced nuclear reactor capacity in New Jersey, with construction funding from ratepayers capped at 5% of verified total construction costs

Creates an Advanced Nuclear Energy Certificate (ANEC) program requiring electric suppliers to purchase certificates representing nuclear-generated electricity, with revenues from the project's energy sales in PJM markets returned to ratepayers

Establishes a distributed capacity program mandating electric utilities develop 500 megawatts of battery storage by 2030 to improve grid stability and reduce system costs

Creates a demand optimization program targeting 500 megawatts of peak demand reduction by 2030 through virtual power plants and distributed energy resource aggregations, including battery storage, managed EV charging, and smart thermostats

Requires low- and moderate-income customers and overburdened communities to benefit from both the battery storage and demand optimization programs, with board approval of utility implementation plans contingent on demonstrating ratepayer cost savings