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NJ A693

NJ A693
Requires public utilities to provide customers notice of request for increase in rates; revises requirements related to hearings on proposed rate increases.

summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill requires that electric, gas, water, and sewer public utilities regulated by the Board of Public Utilities (BPU) that have petitioned the BPU for an increase in rates, shall provide notice to individual customers of any hearing or proceeding to be held concerning such a request. Such notice must be provided reasonably in advance of the hearing or proceeding, as determined by board rules or regulations, and shall be conspicuously set forth in writing in or with the bills for service sent by the public utility, or other written notice, to each of its customers and publicized in the public notice section of a newspaper having substantial readership, printed, and published within each county in which the public utility provides service. The bill amends the law concerning public hearings conducted in relation to proposed rate increases by any public utility to provide that such hearings shall be held in the municipality with the largest population that may be affected by the increase. If the increase would affect municipalities in more than one county, the hearings would be held in the municipality with the largest population in each affected county. In addition, the bill directs the BPU to receive and address public questions and comments concerning the proposed rate increase submitted during the public hearing.

AI Summary

This bill requires public utilities regulated by the Board of Public Utilities (BPU) that have petitioned for a rate increase to provide individual customers with notice of any hearing or proceeding related to the proposed increase. The notice must be provided in a timely manner and be included with the customer's bill or through other written communication. Additionally, the bill amends the law concerning public hearings on proposed rate increases, mandating that such hearings be held in the municipality with the largest population that may be affected by the increase. If the increase would affect multiple counties, hearings must be held in the largest municipality in each affected county. The bill also directs the BPU to receive and address public questions and comments concerning the proposed rate increase during these public hearings.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/09/2024)
(3 Companion Bills)

bill text

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Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2024/A693
BillText https://pub.njleg.gov/Bills/2024/A1000/693_I1.HTM
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