NJ S1333

Municipal electric utilities serving more than 10,000 billed customers outside the municipality would be subject to full Board of Public Utilities (BPU) jurisdiction under Title 48 of the Revised Statutes

Municipal utilities that charge the same rates to customers inside and outside the municipality would be exempt from BPU rate regulation, with rate increases authorized by local ordinance instead

Customers located outside the supplying municipality would have the right to be heard at public hearings on rate increases when the exemption applies

Municipal utilities would remain subject to BPU jurisdiction for service and reliability standards regardless of the rate exemption, and must continue paying assessments to the BPU

Currently, any municipal utility supplying power beyond its corporate limits is subject to BPU rate jurisdiction; this bill narrows that oversight to larger utilities serving over 10,000 external customers