Directs BPU to establish program concerning renewable natural gas; provides gas public utilities with customer rate recovery mechanism for costs associated with program.

This bill requires New Jersey's Board of Public Utilities (BPU) to create a program for gas utilities to gradually increase renewable natural gas (RNG) in their supply, starting at 5% by 2024 and reaching 30% by 2050. Gas utilities can make qualifying investments in RNG infrastructure and purchase RNG from third parties to meet these targets, with costs recoverable through regulated customer rate increases. The bill establishes a rate recovery mechanism allowing utilities to pass on approved costs to customers, while capping annual incremental costs at 5% of the utility's total revenue to protect ratepayers. It directly affects gas utilities and their customers by structuring a transition toward lower-carbon energy use through a regulated cost-recovery system.