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NJ S4151

Bill

Status

Introduced

2/25/2025

Primary Sponsor

Paul Moriarty

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Requires public utilities filing for rate increases with the Board of Public Utilities to notify affected customers via bill insert or newspaper publication, including a summary of the filing, reasoning, and impact on customers

  • Mandates public utilities send a plain language summary of the Board's final decision to affected customers—30 days before new rates take effect if approved, or within 14 days if the rate increase is denied

  • Requires the Board of Public Utilities to respond in writing within 14 days after final hearings to any public questions submitted during hearings on utility rate increase applications

  • Applies to all public utilities as defined in R.S.48:2-13, excluding municipal, county, or local government-owned companies not under Board jurisdiction

Legislative Description

Establishes certain requirements for public utility rate increases.

Economic Growth

Last Action

Introduced in the Senate, Referred to Senate Economic Growth Committee

2/25/2025

Committee Referrals

Economic Growth2/25/2025

Full Bill Text

No bill text available