A 4511
Prohibits public utilities from being eligible for rate treatment or other incentive or rate mechanisms that provide additional revenue to utilities in certain circumstances.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill prohibits New Jersey public utilities from receiving additional revenue through rate treatments or other incentive mechanisms related to energy efficiency or peak demand reduction programs. It requires utilities to reduce customer energy usage below projected levels and mandates the development of quantitative performance indicators to measure program effectiveness. The bill also aims to ensure that utilities are evaluated based on actual performance rather than revenue losses due to customer participation in these programs. It amends existing legislation to strengthen energy efficiency goals and accountability.
Sponsors
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Primary sponsor
Alex Sauickie
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