Establishes "Community Power Storage Program."

This bill establishes New Jersey's "Community Power Storage Program," allowing utility customers to earn bill credits by participating in remote energy storage projects (like battery systems) within their utility service area. The program requires the Board of Public Utilities to set rules including a 5-megawatt cap per project, a goal of 2,000 megawatts of storage by 2034, prioritization of urban/industrial sites, and mandatory access for low-income customers. Customers receive credits equal to the energy their project contributes to the grid, with utilities permitted to recover implementation costs. The program must be operational within 210 days of enactment, with annual progress reports to the legislature.