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Bill > A4328


NJ A4328

NJ A4328
Prohibits electric public utilities from charging certain customers peak rates under certain circumstances.


summary

Introduced
06/29/2020
In Committee
06/29/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill prohibits an electric public utility (utility) from charging a non-essential business customer a peak rate for electric power or electric-related service during a major public health emergency. The utility is to provide a credit representing the reduction in the rate or charge to a non-essential business customer due to the removal of a peak rate during a major public health emergency. The credit is to represent a period of time beginning upon the declaration and throughout a major public health emergency and is to be included in a periodic bill sent to a non-essential business customer after the effective date of this bill. The bill prohibits the Board of Public Utilities from allowing a utility to include as an operating expense or otherwise recover from its ratepayers the cost of any reduced revenues incurred by the utility under the bill. The bill defines "non-essential business customer," "peak rate," and "major public health emergency."

AI Summary

This bill prohibits an electric public utility from charging a non-essential business customer (a business that is closed or unable to operate during a major public health emergency) a peak rate (the highest rate during a specific time period) for electric power or electric-related service during a major public health emergency (a health emergency declared by the Governor). The utility must provide a credit to the non-essential business customer to represent the reduction in the rate or charge due to the removal of the peak rate, and the Board of Public Utilities is prohibited from allowing the utility to recover the cost of any reduced revenues from its ratepayers.

Committee Categories

Transportation and Infrastructure

Sponsors (2)

Last Action

Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 06/29/2020)

bill text


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