NJ A5959

Requires the New Jersey Board of Public Utilities to report societal benefits charge revenues and expenditures to the Governor and Legislature in January and October of each year

Reports must cover the five most recently completed fiscal years and current fiscal year, detailing total revenue collected through the societal benefits charge

Mandates itemized reporting of funds allocated for demand side management programs including energy efficiency, distributed energy resources, renewable energy programs, and planning/administration

Requires disclosure of allocations to the Universal Services Fund, including amounts for the Lifeline Credit Program and Tenants' Lifeline Assistance Program

Must include expenditure details for the Plug-in Electric Vehicle Incentive Fund and amounts spent by each electric and gas utility for programs not covered in other reporting categories

Takes effect immediately and first applies to the fiscal year beginning July 1, 2026