ASSEMBLY, No. 1331

STATE OF NEW JERSEY

222nd LEGISLATURE

 

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

 


 

Sponsored by:

Assemblyman CODY D. MILLER

District 4 (Atlantic, Camden and Gloucester)

Assemblyman STERLEY S. STANLEY

District 18 (Middlesex)

Assemblyman GABRIEL RODRIGUEZ

District 33 (Hudson)

 

Co-Sponsored by:

Assemblyman Hutchison

 

 

 

 

SYNOPSIS

     Prohibits BPU from approving electric public utility rate increase without full rate review.

 

CURRENT VERSION OF TEXT

     Introduced Pending Technical Review by Legislative Counsel.

  


An Act concerning electric public utility rate increases and supplementing Title 48 of the Revised Statutes.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    Notwithstanding any law, rule, or regulation to the contrary, after the effective date of P.L.    , c.    (C.        ) (pending before the Legislature as this bill), the Board of Public Utilities shall not approve the request of any electric public utility to increase any component of an electric rate charged to ratepayers without conducting a full rate review for the electric public utility.

     For the purposes of this section, “electric public utility” means a public utility, as that term is defined in R.S.48:2-13, that transmits and distributes electricity to end users within the State.

 

     2.    This act shall take effect immediately.

 

 

STATEMENT

 

     This bill prohibits the Board of Public Utilities from approving the request of any electric public utility to increase any component of an electric rate charged to ratepayers without conducting a full rate review for the electric public utility.