New Jersey proposes 10-year payments for up to 150 MW of home batteries
The New Jersey Board of Public Utilities released a straw proposal on August 19, 2026 for Phase 2, Block 1 of the Garden State Energy Storage Program: up to 150 MW of behind-the-meter home batteries earning performance-based payments of up to $200 per kilowatt-year over 10 years, administered by the state's four electric utilities, with enrollment targeted to open by July 2027.
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