Bill Lets NJ Agencies Fund Energy Projects Through Public-Private Partnerships

By District Energy posted 06-22-2017 20:43

  

Stephanie Tsao, SNL
June 20, 2017

Summary

New Jersey government agencies would be allowed to enter into partnerships with private entities to fund energy efficiency and renewable projects, according to a bill passed by the Assembly Telecommunications and Utilities Committee on June 19.

The "Improving Energy Infrastructure through Public-Private Partnership Act," or A. 4508, allows private entities to work on energy-related projects for state and local governments and state colleges and universities, according to the version of the bill introduced on Jan. 19. Energy infrastructure projects include the installation of energy-efficient appliances and water conservation projects. They can also include new power projects such as renewable energy systems, district heating systems and combined heat and power systems that burn fuel to produce power and steam.

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#RenewableEnergy #NewJersey #News #UnitedStates #NorthAmerica #PolicyandRegulation #EnergyEfficiency #BusinessModelsandFinancing
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