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NJ A6040

Bill

Status

Introduced

11/17/2025

Primary Sponsor

Andrea Katz

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • Electric public utilities must establish a surcharge for large load data centers (facilities with monthly demand of at least 50 megawatts) during periods of peak demand on the electrical grid

  • Large load data centers are defined as facilities that primarily store, manage, and process digital data, housing servers, network equipment, telecommunications systems, and related infrastructure

  • Creates the "Grid Modernization Fund" within the Board of Public Utilities to collect all surcharge revenues from utilities

  • Fund monies must be used exclusively to modernize New Jersey's electrical grid

  • The Board of Public Utilities will adopt rules and regulations establishing processes and timelines for utilities to transfer surcharge collections to the fund

Legislative Description

Establishes surcharge for electric public utility service to certain data centers during certain periods; establishes "Grid Modernization Fund" in BPU.

Telecommunications and Utilities

Last Action

Introduced, Referred to Assembly Telecommunications and Utilities Committee

11/17/2025

Committee Referrals

Telecommunications and Utilities11/17/2025

Full Bill Text

No bill text available