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NJ LegislatureProposedPublished Jan 13, 2026
New Jersey Climate Fund Financed by Electricity Bills
Official title: A3903 — Establishes Climate Change Mitigation and Resilience Financing Program in NJ Infrastructure Bank; imposes per-kilowatt hour charge on electric energy consumption to finance climate change mitigation and resilience projects.
What is this?
This bill creates a new fund in New Jersey to pay for projects that fight climate change and help communities prepare for extreme weather. The money comes from a small fee added to everyone's electric bills based on how much electricity they use. The fund will be managed through the state's Infrastructure Bank.
Who does this affect?
- •All New Jersey residents and businesses that use electricity, who will see a small per-kilowatt hour charge added to their electric bills
- •Communities vulnerable to flooding, storms, and other climate-related disasters that could receive funding for resilience projects
- •Local governments and organizations working on clean energy and climate adaptation projects
What can you do?
1.Contact your state assembly representative to share your views on this bill before it moves forward
2.Look for grant opportunities if your community or organization works on climate resilience or clean energy projects
3.Monitor your electric bill once implemented to understand the new charge
Timeline
- 2026-01-13: Bill introduced in Assembly
What this means for you
The fund will be managed through the state's Infrastructure Bank.