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Bill > A4624


NJ A4624

NJ A4624
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
06/24/2024
In Committee
09/19/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 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 the Board of Public Utilities (BPU) approval. It also regulates non-volumetric electricity fees charged to operators of direct current (DC) fast charging electric vehicle chargers. The bill mandates that the new tariffs utilize alternatives to traditional demand-based rate structures, establish cost equity between commercial electric vehicle tariffs and residential tariffs, and remain neutral with respect to different electric vehicle charging technologies. Additionally, the bill requires the BPU to develop a phase-in period for demand charges on DC fast charging facilities to ensure they are reintroduced gradually and only when economically justified.

Committee Categories

Transportation and Infrastructure

Sponsors (2)

Last Action

Reported out of Asm. Comm. with Amendments, and Referred to Assembly Telecommunications and Utilities Committee (on 09/19/2024)

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