Establishes Division of Energy Resource and Development; transfers certain responsibilities from BPU to the Division of Energy Resource and Development.

This bill creates the Division of Energy Resource and Development within the Department of the Treasury, transferring key energy policy responsibilities from the Board of Public Utilities (BPU) to the new division. It specifically moves BPU's energy efficiency programs, clean energy initiatives, electric vehicle incentives, and energy generation planning to the division. The division will focus on advancing New Jersey's clean energy goals through unified strategy development, public education on sustainable energy, and supporting state agencies in meeting greenhouse gas reduction targets. The division will be led by a governor-appointed director who will oversee the transition of BPU functions and develop crisis response plans for energy systems.