"Efficient Energy Use Act"; requires certain public utilities to offer time-varying rates.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
The Efficient Energy Use Act mandates that certain New Jersey public utilities offer time-varying rates to eligible residential customers who have smart meters. Utilities must develop these rates in consultation with the Board of Public Utilities and provide clear notifications to customers about the availability and benefits of opting in. The bill also requires the Board to report annually on the implementation and impact of these rates, including customer satisfaction and usage patterns.
Bill text
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