"New Jersey Energy Security & Affordability Act"; permits electric public utilities to own, operate, develop, or otherwise procure generation in certain circumstances.
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
The New Jersey Energy Security & Affordability Act allows electric public utilities to own, operate, develop, or procure generation within the state under specific circumstances. It aims to address rising electricity costs driven by reliance on out-of-state resources and insufficient in-state generation capacity. The bill establishes a framework for strategic in-state energy resources, subject to board oversight and ratepayer protections, while preserving the state’s competitive wholesale markets. It requires utilities to conduct competitive solicitations and adhere to strict performance standards.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Introduced
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsors
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours