A 4505
Requires BPU to establish best practices and to assess electric public utilities' compliance with BPU best practices during BPU's review of rate increase.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill requires the New Jersey Board of Public Utilities (BPU) to develop and maintain best practices for electric public utilities. The BPU must assess how these utilities comply with these standards when reviewing requests for rate increases. Specifically, the BPU will establish benchmarks and evaluate a utility’s progress towards meeting them, considering their performance compared to other utilities in the state. Utilities that fail to demonstrate adequate progress may have their rate increases denied, and the BPU will provide a detailed assessment outlining necessary improvements.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Alex Sauickie
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.