N.J.S.A. 48:3-110

Definitions relative to certain electric generation facilities.

48:3-110 Definitions relative to certain electric generation facilities. 1. As used in P.L.2017, c.357 (C.48:3-110 et seq.): "Facility" means a small scale hydropower facility put into service after the effective date of P.L.2012, c.24 with a capacity of three megawatts or less or a resource recovery facility. "Resource recovery facility" shall have the same meaning as provided in section 3 of P.L.1999, c.23 (C.48:3-51). "Standby charge" means a charge imposed by an electric public utility upon a facility that delivers or sells power to an end-use customer, or upon an end-use customer of that power, for the recovery of costs necessary to make power available to the facility or the end-use customer during a facility power outage including, but not limited to, the allocation of reasonable capital investment costs and operating and maintenance expenses associated with the electric public utility's infrastructure needed to provide the standby power. "Standby power" means power made available during a facility outage to a facility or to an end-use customer who uses power generated by the facility. L.2017, c.357, s.1.

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This is the verbatim text of N.J.S.A. 48:3-110, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.