Directs BPU to update interconnection standards for Class I renewable energy sources and develop fixed fee structure for interconnection costs.

S 212 requires New Jersey's Board of Public Utilities (BPU) to establish updated safety and power quality rules for connecting Class I renewable energy systems (like solar, wind, and small-scale hydro) to the electric grid within 18 months. It also mandates a fixed, one-time "grid modernization fee" paid by renewable energy project owners, based on project size (capped at $50 per kilowatt for small residential systems under 10 kW), to cover interconnection costs like grid upgrades. The bill affects renewable energy developers and electric utilities, which can recover excess costs through rate adjustments. The BPU must report on implementation impacts within a year, including effects on New Jersey's clean energy goals.