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NJ S596
Bill
Status
1/9/2024
Primary Sponsor
Latham Tiver
Click for details
AI Summary
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Public utilities (gas, electric, water, or sewer) must notify customers by direct mail when a rate settlement agreement would increase rates, tolls, charges, or schedules
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The mailed notification must include an explanation of the proposed settlement and a detailed justification for the proposed rate increase
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Notification must be sent to customers in the affected service area before the Board of Public Utilities makes its final settlement decision
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The bill takes effect immediately upon enactment
Legislative Description
Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.
Economic Growth
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee
1/9/2024