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NJ A4502
Bill
Status
3/9/2026
Primary Sponsor
Alex Sauickie
Click for details
AI Summary
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Requires the Board of Public Utilities (BPU) to include a plain language summary in every board order approving public utility rate increases
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Summaries must include: the contents of the utility's petition, justification for the board's decision, and the impact on affected customers
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Summaries must list current rates, new rates, total increase amount, and the utility's rate of return
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For infrastructure-related increases, the summary must state the expected timeframe for the utility to recover those investment costs
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Takes effect immediately upon enactment and applies to all public utilities as defined under R.S.48:2-13
Legislative Description
Requires BPU to publish plain language summary of its final decision on rate increase filings.
Telecommunications and Utilities
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee
3/9/2026