A 3967
Requires BPU to work with neighboring states to research and recommend certain action concerning electric capacity and transmission.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill directs the New Jersey Board of Public Utilities (BPU) to collaborate with neighboring states to explore options for strengthening the state’s electric grid. Specifically, it requires the BPU to investigate ways to ensure sufficient electric capacity is secured, potentially by requiring utilities to contract for at least 80% of their future needs or by exploring alternatives to the current regional grid operated by PJM. The bill also allows for the possibility of establishing an independent transmission grid or joining a different grid altogether. The committee amended the bill to extend the deadline for submitting a report on findings to one year after the bill’s enactment.
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