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NJ A6249
Bill
Status
12/11/2025
Primary Sponsor
Paul Kanitra
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AI Summary
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Requires the Board of Public Utilities (BPU) to publish and annually update a list of all state energy-related subsidies, including Class I renewable energy certificates and SREC-IIs, detailing subsidy names, duration, funding sources, recipients, and allocation methods within six months of enactment
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Authorizes the BPU and Division of Rate Counsel to require any commercial entity receiving energy-related subsidies to provide financial and operational information about those subsidies at any time
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Empowers the BPU to adopt uniform transparency standards for all energy generation systems regardless of fuel type, including requirements for subsidy recipients to publish financial or operational information
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Mandates annual reports to the Governor and Legislature listing each subsidized commercial entity, the type and amount of subsidies received, cumulative subsidies to date, power generated, days in operation, and year operations began
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Applies only to entities that voluntarily accept state subsidies, allowing energy companies to opt out of disclosure requirements by forgoing public funding
Legislative Description
"Energy Subsidies Transparency Act"; authorizes BPU and Rate Counsel to require certain energy companies to disclose information concerning energy subsidies.
Telecommunications and Utilities
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee
12/11/2025