Requires transmission owners to join regional transmission organizations approved by Federal Energy Regulatory Commission. **
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill requires companies that own and operate electric transmission lines in New Jersey to join regional transmission organizations (RTOs) that have been approved by the Federal Energy Regulatory Commission. RTOs are responsible for managing the flow of electricity across large regions. The bill clarifies that these RTOs must be independent and operate without direct control from the state. The committee amendments significantly narrowed the scope of the bill to apply to existing transmission facilities rather than new ones and removed provisions related to rate adjustments and existing agreements.
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