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NJ A5464

Bill

Official Source

Status

Introduced

3/17/2025

Primary Sponsor

Cody Miller

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • Prohibits the New Jersey Board of Public Utilities (BPU) from approving any electric rate increase without first conducting a full rate review of the electric public utility requesting the increase

  • Applies to any component of electric rates charged to ratepayers, eliminating partial or expedited rate increase approvals

  • Defines "electric public utility" as any public utility that transmits and distributes electricity to end users within the state

  • Takes effect immediately upon enactment

Legislative Description

Prohibits BPU from approving electric public utility rate increase without full rate review.

Appropriations

Last Action

Reported and Referred to Assembly Appropriations Committee

5/5/2025

Committee Referrals

Appropriations5/5/2025
Telecommunications and Utilities3/17/2025

Full Bill Text

No bill text available