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NJ A6249

Bill

Status

Introduced

12/11/2025

Primary Sponsor

Paul Kanitra

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • 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

  • 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

  • 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

  • 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

  • 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

Committee Referrals

Telecommunications and Utilities12/11/2025

Full Bill Text

No bill text available