"Energy Security and Affordability Act"; requires BPU to consider energy security, diversity, and affordability when preparing Energy Master Plan and perform economic and ratepayer impact analysis of energy generation projects and Energy Master Plan.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
The Energy Security and Affordability Act requires the Board of Public Utilities (BPU) to consider energy security, diversity, and affordability when developing the State’s Energy Master Plan. It mandates that the BPU perform economic and ratepayer impact analyses of energy generation projects and the Master Plan itself. The bill also updates the composition of the Energy Master Plan Committee and introduces requirements for detailed analysis of energy projects before final approval, including the use of open-source modeling and public comment periods.
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