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NJ S88
NJ S88Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.
summary
Introduced
01/11/2022
01/11/2022
In Committee
01/11/2022
01/11/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill requires a public utility to, upon arriving at a rate settlement agreement, the approval of which would increase individual rates, tolls, charges, or schedules of a public utility, notify customers in the service area affected by the settlement by direct mail prior to the final settlement decision before the Board of Public Utilities. The notification shall provide an explanation of the proposed settlement, including a detailed justification of the basis for the proposed settlement.
AI Summary
This bill requires a public utility, upon reaching a rate settlement agreement that would increase individual rates, tolls, charges, or schedules, to notify customers in the affected service area by direct mail prior to the final settlement decision before the Board of Public Utilities (BPU). The notification must provide an explanation of the proposed settlement, including a detailed justification of the basis for the proposed settlement. The term "public utility" is defined as a public utility providing gas, electric, water, or sewer service, as defined in R.S.48:2-13.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee (on 01/11/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S88 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S0500/88_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S0500/88_I1.PDF |
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