Establishes "Neighborhood Solar Energy Investment Program."

This bill establishes the "Neighborhood Solar Energy Investment Program," allowing residential and business customers of electric utilities to invest in solar energy projects within their utility's service territory. Under the program, customers can invest in solar projects and receive credits on their utility bills for the electricity produced by their investment, up to their previous year's annual usage. The Board of Public Utilities will set standards for the program, including verification that projects produce sufficient energy to match the credits provided to investors. The program aims to facilitate community-based solar investment while ensuring transparency through a publicly accessible website listing available solar projects seeking investors.