A 5038
"Utility Rate Recovery Fairness Act"; prohibits electric public utilities and gas public utilities from recovering certain costs.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
The Utility Rate Recovery Fairness Act prohibits New Jersey’s electric and gas public utilities from recovering certain costs associated with rate proceedings before the Board of Public Utilities. Specifically, it prevents them from recovering attorney fees, expert witness costs, employee salaries related to rate proceedings, and contributions to industry trade associations. The bill also restricts recovery of executive travel expenses and lobbying costs.
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