S 2803
Requires BPU to post on its website report from public utility on public utility's capital investments in response to petition from public utility to increase rates.
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Sign in to take action- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill requires the Board of Public Utilities (BPU) to make public a report detailing a public utility’s capital investments when the utility seeks to increase its base rates. The utility must provide the BPU with this report, which analyzes investments and their impact on rates. The BPU is then obligated to post the report on its website, redacting any confidential information as determined by the board. This legislation aims to increase transparency in rate increase decisions.
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