Bill
Bill > A758
NJ A758
NJ A758Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
The bill requires a public utility customer who has completed a qualified construction project to, within 90 days of completion of the construction, provide to the Board of Public Utilities (board) and to the customer's public utilities a certification from a licensed contractor that the construction on the customer's property was performed to mitigate damage to the customer's property from a previous or future natural disaster. "Qualified construction project" is defined as construction performed on the real property of a customer of a public utility to mitigate damage to the customer's real property from a previous or future natural disaster. A customer who fails to provide the certification to the board and the customer's public utilities within 90 days of the completion of the construction may be liable to the public utility for costs incurred by the public utility for necessary upgrades to its infrastructure as a result of the construction performed on the customer's property. The bill provides that any costs incurred by a public utility for necessary upgrades to its infrastructure as a result of a qualified construction project receiving certification may be recovered in a base rate case. Under the bill, a public utility is not to bill a customer to recover the costs incurred to the public utility for necessary upgrades to its infrastructure as a result of a qualified construction project, except that the public utility may bill the customer for the customer's pro rata share of any increase in the public utility's rate base or other recovery mechanism approved by the board.
AI Summary
This bill requires a public utility customer who has completed a qualified construction project, defined as construction performed on the customer's property to mitigate damage from a previous or future natural disaster, to provide a certification from a licensed contractor to the Board of Public Utilities and the customer's public utility within 90 days of project completion. The bill prohibits the public utility from billing the customer for costs incurred to upgrade the utility's infrastructure as a result of the qualified construction project, except for the customer's pro rata share of any increase in the utility's rate base or other recovery mechanism approved by the Board. The bill allows the utility to recover the costs of necessary infrastructure upgrades through the utility's rate base or other recovery mechanism.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/09/2024)
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/2024/A758 |
| BillText | https://pub.njleg.gov/Bills/2024/A1000/758_I1.HTM |
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