Provides for BPU incentives for district energy collaboratives and certain combined heat and power facilities.

This bill creates incentives administered by New Jersey's Board of Public Utilities (BPU) for district energy collaboratives and specific combined heat and power (CHP) facilities. It directly affects energy providers operating these systems by offering financial support through the BPU. The key mechanism involves the BPU establishing incentive programs to encourage development and operation of these energy systems. The bill amends existing energy law (P.L.1999, c.23) to enable these incentives but does not detail specific funding amounts or application processes in the provided text. The bill was introduced in January 2024 and referred to the Senate Environment and Energy Committee.