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NJ S2803

Bill

Official Source

Status

Introduced

1/13/2026

Primary Sponsor

Angela Mcknight

Click for details

Origin

Senate

2026-2027 Regular Session

AI Summary

  • Public utilities (electric, gas, sewer, or water) must submit a capital investment analysis report to the Board of Public Utilities when filing a petition to increase base rates
  • The report must analyze capital investments to help determine revenue levels needed for the utility to earn a fair and reasonable rate of return
  • The BPU must examine and post the capital investment report on its website within 30 days of receiving it
  • The BPU must redact any proprietary commercial, financial information, or trade secrets before making the report publicly available
  • The bill takes effect immediately upon enactment

Legislative Description

Requires BPU to post on its website report from public utility on public utility's capital investments in response to petition from public utility to increase rates.

Economic Growth

Last Action

Introduced in the Senate, Referred to Senate Economic Growth Committee

1/13/2026

Committee Referrals

Economic Growth1/13/2026

Full Bill Text

No bill text available