New Jersey legislation · 2026-2027 Regular Session
New Jersey A5576: Energy savings improvement prog-allow value of SREC-IIs included in calculations
Status: In committee, October 5, 2026
Allows value of SREC-IIs to be included in cost-benefit calculations under energy savings improvement programs.
What the bill says
An Act concerning energy savings improvement programs and amending P.L.2009, c.4.
From the introduced text, October 5, 2026:
An Act concerning energy savings improvement programs and amending P.L.2009, c.4. Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1. Section 1 of P.L.2009, c.4 (C.18A:18A-4.6) is amended to read as follows: 1. a. (1) A board of education, as defined in N.J.S.18A:18A-2, may implement an energy savings improvement program in the manner provided by this section whenever it determines that the savings generated from reduced energy use from the program will be sufficient to cover the cost of the program's energy conservation measures as set forth in an energy savings plan. Under such a program, a board of education may enter into an energy savings services contract with an energy services company to implement the program or the board may authorize separate contracts to implement the program. The provisions of N.J.S.18A:18A-1 et seq. shall apply to any contracts awarded pursuant to this section to the extent that the provisions of such law are not inconsistent with any provision of this section. (2) A board of education facility alteration required to properly implement other energy efficiency or energy conservation measures, or both, may be included as part of an energy savings services contract, in which case, notwithstanding any other provision of law, rule, regulation, or order to the contrary, the facility alteration may …
Sponsors
- Robert J. Karabinchak (D, 18) · primary sponsor
- Andrea Katz (D, 8)
Latest actions
- : INT 1RA REF ATU
Subjects: ENERGY
Common questions
- What is A5576?
- A5576 is a bill in the New Jersey Legislature (2026-2027 Regular Session): Energy savings improvement prog-allow value of SREC-IIs included in calculations.
- What does A5576 do?
- In its own words: An Act concerning energy savings improvement programs and amending P.L.2009, c.4.
- What is the status of A5576?
- In committee as of October 5, 2026. Latest action: INT 1RA REF ATU (October 5, 2026).
- Who sponsored A5576?
- Robert J. Karabinchak (D, 18), with 1 co-sponsor.
- Where is the official record for A5576?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/A5576
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.