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NJ S4096
Bill
Status
2/3/2025
Primary Sponsor
Carmen Amato
Click for details
AI Summary
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Prohibits electric utilities from raising rates to recover the costs of installing smart meters
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Requires utilities to publish rate increase details on their website and in customer bills from 30 days before to 30 days after any rate increase takes effect, including the amount, reasons, expected bill impact, and complaint information; violations carry fines up to $10,000
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Mandates utilities report rate increases of 5% or greater to the federal Department of Energy at least 60 days before implementation, along with mitigation measures
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Requires annual reports to the federal Department of Energy on service interruption trends and overdue bill trends
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Prohibits utilities from disconnecting service or assessing late fees for six months following any rate increase that raises bills by 5% or more
Legislative Description
Prohibits certain electric public utility rate increases and requires certain protections for ratepayers.
Economic Growth
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee
2/3/2025