Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill would require New Jersey public utilities, like those providing gas, electricity, water, or sewer services, to send detailed explanations of proposed rate settlement agreements to customers in the affected areas before the Board of Public Utilities makes a final decision. The explanation would need to justify the proposed rate increase. This aims to give customers more information and transparency regarding potential changes to their utility bills.
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