Loading chat...
NJ A4506
Bill
Status
3/9/2026
Primary Sponsor
Alex Sauickie
Click for details
AI Summary
-
Prohibits electric public utility residential rate increases from taking effect during summer months (June 1 through August 31)
-
Prohibits gas public utility residential rate increases from taking effect during winter months (January 1 through March 31)
-
Applies only to residential customers, not commercial or industrial ratepayers
-
Responds to recent Board of Public Utilities decisions authorizing rate increases just before peak cooling and heating seasons, which caused "rate shock" among consumers
-
Takes effect immediately upon enactment
Legislative Description
Prohibits electric public utility residential rate increases during summer and gas public utility residential rate increases during winter.
Telecommunications and Utilities
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee
3/9/2026