"Efficient Energy Use Act"; requires certain public utilities to offer time-varying rates.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
```json { "summary": "The Efficient Energy Use Act requires certain New Jersey public utilities that serve residential customers with smart meters to offer time-varying rates. Customers can opt-in to these rates, which fluctuate based on the time of day. The New Jersey Board of Public Utilities will oversee the implementation of these rates, working with various state agencies to ensure they align with existing energy programs. The bill also mandates a report to the Governor and Legislature within a year to assess the impact and effectiveness of the time-varying rates.", "keyProvisions": [ "Requires electric public utilities to develop and offer time-varying rates to eligible residential customers.", "Allows eligible residential customers to opt-in to time-varying rates.",
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