ASSEMBLY SPECIAL COMMITTEE ON INFRASTRUCTURE AND NATURAL RESOURCES
STATEMENT TO
ASSEMBLY, No. 4254
STATE OF NEW JERSEY
DATED: JUNE 13, 2022
The Assembly Special Committee on Infrastructure and Natural Resources reports favorably Assembly Bill No. 4254.
This bill would revise the applicability of certain provisions of the “Electric Discount and Energy Competition Act,” P.L.1999, c.23 (C.48:3-49 et al.), concerning energy sold to recycled materials manufacturing facilities.
The bill provides that an electric power supplier or basic generation service provider would be exempt from all current and future renewable energy portfolio standards obligations, including Class I RECs, Class II RECs, SRECs, ORECs, or any other RECs, established pursuant to section 38 of P.L.1999, c.23 (C.48:3-87) or any other subsequent law, and any rule, regulation, or board order adopted pursuant thereto, for the amount of kilowatt hours of electricity supplied by that electric power supplier or basic generation service provider to a recycled materials manufacturing facility. The bill also specifies that a recycled materials manufacturing facility would not be required to pay any charges designed to offset any renewable energy portfolio standards obligation of its electric power supplier or basic generation service provider. The provisions of the bill would apply to all electricity sold to recycled materials manufacturing facilities beginning on January 1, 2022.
The bill defines “recycled materials manufacturing facility” as a facility that: (1) receives service under an electric public utility rate at or above 110 kilovolts delivery; (2) manufactures products made from recycled materials, provided however, that not less than 90 percent of the content of such products produced in this State meet the definition of recycled materials; and (3) employs not less than 200 employees in this State. “Recycled materials” means any item or commodity which is manufactured or produced in whole or in part from post-consumer waste material.