"Energy Subsidies Transparency Act"; authorizes BPU and Rate Counsel to require certain energy companies to disclose information concerning energy subsidies.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
The Energy Subsidies Transparency Act requires the Board of Public Utilities (BPU) and the Division of Rate Counsel to demand that certain energy companies receiving subsidies disclose detailed information about those subsidies. This includes creating a public list of all subsidies offered, along with specifics like funding sources, amounts distributed, and recipient details. The BPU will also be required to submit an annual report to the Governor and Legislature detailing subsidy information for companies receiving state support.
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