Establishes green infrastructure financing program.

S 1201 establishes a state-administered program to provide low-cost financing for green infrastructure equipment, such as solar panels or energy-efficient upgrades, directly benefiting New Jersey's electric and gas utility customers - especially those who cannot afford large upfront costs. The program allows customers to pay for installations through small, recurring fees added to their monthly utility bills instead of making a large initial payment. Funds from these repayments will be recycled to finance additional installations, aiming to make clean energy more accessible while supporting the state's renewable energy goals. This program targets underserved customers and coordinates with the New Jersey Economic Development Authority and the Board of Public Utilities to manage financing.