Establishes "Community Power Storage Program."

This bill creates the Community Power Storage Program in New Jersey, allowing electricity customers to join remote energy storage projects within their utility service area and receive bill credits equal to the power those projects discharge. The Board of Public Utilities must develop rules within 210 days to set project limits of up to five megawatts each, aim for 2,000 megawatts of total capacity by 2034, prioritize urban and industrial sites, and ensure access for low- and moderate-income residents. Electric utilities participating in the program will be allowed to recover implementation costs, while the board must publish project information online and submit annual reports on the program's performance to the Governor and Legislature.