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NJ S4518

Bill

Status

Introduced

5/29/2025

Primary Sponsor

Latham Tiver

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Requires electric public utilities to separately list the Sales and Use Tax amount on each customer's electricity bill, rather than including it within the total purchase price

  • Mandates that electric utilities separately itemize the societal benefits charge on each bill and break down how much of that charge funds each specific program (such as social programs, nuclear decommissioning, demand side management, and manufactured gas plant remediation)

  • Requires electric utilities to separately list "clean energy charges" on bills, including Zero Emission Certificate program costs and any energy efficiency charges not already part of the societal benefits charge

  • Takes effect on the first day of the sixth month following enactment

  • Aims to increase transparency by informing customers about charges on their bills that are not directly related to the cost of providing electricity service

Legislative Description

"Electricity Bill Transparency Act"; requires electric utilities to separately list amounts of certain charges.

Economic Growth

Last Action

Introduced in the Senate, Referred to Senate Economic Growth Committee

5/29/2025

Committee Referrals

Economic Growth5/29/2025

Full Bill Text

No bill text available