Energy Storage News•about 1 month ago
New Jersey Senators advance bill to incentivise customer-sited energy storage installations
- •New Jersey's Senate Environment and Energy Committee has advanced legislation to establish an incentive program for behind-the-meter (BTM) energy storage installations.
- •This policy initiative is expected to significantly boost the deployment of customer-sited storage projects across New Jersey.
- •The incentive program creates new market opportunities for energy storage developers and offers large power consumers enhanced financial viability for resilience, demand charge management, and energy arbitrage strategies.
financing