Directs BPU to establish program concerning renewable natural gas; provides gas public utilities with customer rate recovery mechanism for costs associated with program.

This bill directs New Jersey's Board of Public Utilities (BPU) to create a program requiring gas utilities to gradually increase renewable natural gas (RNG) in their supply, starting at 5% by 2024 and reaching 30% by 2050. It allows utilities to recover costs for RNG infrastructure investments and procurement through customer rates, with safeguards like a 5% annual cost cap on total utility revenue. The program affects all gas public utilities in New Jersey and their ratepayers, who will see incremental cost recovery reflected in bills. Key provisions include standardized RNG definitions, phased target percentages, and a ratemaking mechanism ensuring cost recovery for approved investments.