A 4719
Resets electric and gas public utility rates to 2020 levels for five-year period.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill aims to stabilize electric and gas utility rates in New Jersey by resetting them to levels they were at in 2020 and keeping them at those levels for the next five years. The New Jersey Board of Public Utilities will need to approve updated rate schedules that reflect these 2020 levels. This action is intended to provide financial relief to residents and prevent excessive rate increases from utility companies.
Sponsors
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Primary sponsor
Shanique Speight
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