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Bill > A5562


NJ A5562

NJ A5562
Requires electric public utilities to submit new tariffs for commercial customers for BPU approval; regulates non-volumetric electricity fees charged to operators of fast charging electric vehicle chargers.


summary

Introduced
06/05/2023
In Committee
12/28/2023
Crossed Over
12/21/2023
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Requires electric public utilities to submit new tariffs for commercial customers for BPU approval; regulates non-volumetric electricity fees charged to operators of fast charging electric vehicle chargers.

AI Summary

This bill requires electric public utilities to submit new tariffs for commercial customers for BPU (Board of Public Utilities) approval, and regulates non-volumetric electricity fees charged to operators of direct current (DC) fast charging electric vehicle chargers. Specifically, the bill requires utilities to develop alternative rate structures that do not use traditional demand charges, establish cost parity between commercial and residential electric vehicle tariffs, and remain neutral with respect to charging technology. The bill also prohibits utilities from assessing demand charges on DC fast charging facilities unless the BPU has approved the utility's new tariff application, which must include alternatives to demand charges and promote investment in electric vehicle charging infrastructure.

Committee Categories

Agriculture and Natural Resources, Transportation and Infrastructure

Sponsors (1)

Last Action

Received in the Senate, Referred to Senate Environment and Energy Committee (on 12/28/2023)

bill text


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