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Bill > A2088

NJ A2088

NJ A2088
Requires electric public utilities operating or providing service to certain LED street lights to charge customers only for actual costs.

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 an electric public utility (utility) to include in any tariff for street lighting service to a (light emitting diode) LED street light owned by the utility for use along a public street, road, highway, or property of a State, county, or municipal government entity or a public school district, a charge for the installation and operation that reflects solely the actual costs of installing and operating the LED street light for those public entities. Within 60 days of the effective date of the bill, the utility is to submit to the Board of Public Utilities (board) a revised tariff that reflects the actual costs of installing and operating those utility-owned LED street lights within the utility's service territory. The board is to approve the revised tariff within 60 days of receiving it. For a LED street light owned by a State, county, or municipal government entity, or a public school district, the charge is to reflect solely the actual costs of providing electric service to those LED street lights. If a utility petitions the board to increase its rates or charges, the utility's rate base may include costs for LED street lights owned by the utility that reflect solely the cost of installing and operating those LED street lights.

AI Summary

This bill requires electric public utilities operating or providing service to certain LED street lights to charge customers only for the actual costs of installing and operating those LED street lights. The bill applies to LED street lights owned by the utility and used along public roads, as well as LED street lights owned by government entities. Within 60 days of the bill's effective date, utilities must submit revised tariffs to the Board of Public Utilities reflecting the actual costs, and the Board must approve the revised tariffs within 60 days. The bill also allows utilities to include the costs of utility-owned LED street lights in their rate base when petitioning for rate increases.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

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

bill text

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Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2024/A2088
BillText https://pub.njleg.gov/Bills/2024/A2500/2088_I1.HTM
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