Requires BPU to designate solar portion of critical renewable microgrid as solar energy project under Community Solar Energy Program; requires Office of Homeland Security and Preparedness to designate certain microgrids as assets of importance.

This bill (S 651) requires New Jersey’s Board of Public Utilities (BPU) to create a program designating solar energy systems connected to "critical renewable microgrids" (microgrids using renewable energy to support public safety during outages) as community solar projects. It allows these systems to qualify for solar incentives (SREC-IIs) at discounted rates for low- or moderate-income customers, with at least 75% of their energy output directed to these customers at prices 20% lower than standard community solar rates. The program limits annual solar capacity to 100 megawatts, permits larger systems (up to 20 megawatts for smaller projects), and requires systems to begin operations within 3-4 years of approval. Additionally, it directs the Office of Homeland Security to designate qualifying microgrids as "assets of importance," exempting their solar incentives from cost caps. The bill directly affects solar developers, low-income households, and critical infrastructure providers.