Loading chat...
NJ S4479
Bill
Status
5/19/2025
Primary Sponsor
Britnee Timberlake
Click for details
AI Summary
-
Requires the Board of Public Utilities to mandate that all electric and gas utilities offer equal payment plans to residential customers, which spread estimated yearly usage into consistent monthly installments
-
Prohibits utilities from charging lump-sum payments when a customer's actual usage exceeds the forecasted amount under equal payment plans
-
Bars utilities from recovering any outstanding balance based on differences between actual and forecasted yearly usage under equal payment plans
-
Prohibits "underbilling" practices where utilities charge customers the difference between estimated meter bills and later-obtained actual meter readings
-
Prevents utilities from recovering the cost of offering equal payment plans through rates charged to ratepayers
Legislative Description
Requires BPU to prohibit electric and gas public utilities from charging residential customers certain types of payments based on certain billing practices.
Economic Growth
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee
5/19/2025