Bill > A5061

This bill requires the New Jersey Board of Public Utilities (BPU) to provide a written response to any written concerns submitted by the Division of Rate Counsel during proceedings that may impact electric utility customer rates. Specifically, the BPU must address each concern raised in writing before taking any action in the proceeding. However, the bill explicitly states that the BPU is not obligated to follow the Division of Rate Counsel's recommendations or base its decisions solely on their written concerns. The purpose of this legislation appears to be increasing transparency and ensuring that the regulatory body (BPU) formally acknowledges and addresses the consumer advocacy concerns raised by the Division of Rate Counsel, while still maintaining the BPU's independent decision-making authority. The bill will take effect immediately and apply to any proceedings starting on or after the date of enactment.

Transportation and Infrastructure

https://www.njleg.state.nj.us/bill-search/2024/A5061