Establishes "Community Power Storage Program."

This bill establishes New Jersey's "Community Power Storage Program," allowing electric utility customers to receive bill credits for participating in remote energy storage projects within their service area. The Board of Public Utilities must create rules within 210 days, including a 5-megawatt cap per project, a goal of 2,000 megawatts of storage by 2034, and requirements to prioritize urban areas and industrial sites. The program mandates low-income customer access, minimum customer participation (two per project), and standards for project connections and bill credit values. Utilities can recover implementation costs, and the Board must report annually on the program's effectiveness.