Requires electric public utility to install and operate smart meters and smart meter technology at customers' premises upon request and in new building construction.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill requires New Jersey’s electric public utilities to install and operate smart meters and related technology at customers’ request and in new construction. Utilities must submit a plan to the Board of Public Utilities for approval within 90 days, outlining their smart meter procurement strategy. The bill also mandates the availability of direct smart meter access to third parties, such as electric power suppliers, and requires utilities to propose time-of-use electric rates and real-time pricing plans for customers with smart meters. Finally, it allows utilities to recover the costs of these systems through approved rate adjustments.
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Document of record
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