Loading chat...
NJ S3373
Bill
Status
2/5/2026
Primary Sponsor
Carmen Amato
Click for details
AI Summary
-
Requires the New Jersey Board of Public Utilities (BPU) to include a plain language summary in every board order approving a public utility's petition for rate increases.
-
The summary must include: the utility's petition contents, justification for the board's decision, impact on affected customers, current and new rates with total increase amount, and the utility's rate of return.
-
For rate increases tied to infrastructure or other investments, the summary must state the expected timeframe for the utility to recover those costs.
-
The summary must specify when new rates, tolls, charges, or schedules will take effect.
-
The bill takes effect immediately upon enactment and applies to individual rates, joint rates, tolls, charges, and schedules.
Legislative Description
Requires BPU to publish plain language summary of its final decision on rate increase filings.
Economic Growth
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee
2/5/2026