summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill requires the Board of Public Utilities (board) to collect load-forecasting information from electric public utilities and load-serving entities. The bill further requires the board to analyze the potential impact of the filings and information on load-forecasting for the State. Additionally, the bill requires the board to coordinate with PJM Interconnection, L.L.C. (PJM) to ensure load-forecasting information is incorporated into PJM's regional planning in a fair, accurate, and non-duplicative manner and requires the board to coordinate with PJM and other regulatory authorities to ensure that large loads and customer contracts are accounted for in a non-duplicative manner. The bill also requires the board to provide annual reports to the Governor and to the Legislature that include a summary of the load-forecasting information collected, the board's analysis of the load-forecasting information, and the board's efforts to coordinate with PJM and other regulatory authorities. As used in this bill, "load-forecasting information" means the methodologies, data, and assumptions utilized in the process of predicting future electrical load requirements to support power generation planning and the operation of electrical power systems. As defined in the bill, load-forecasting information includes contracts, agreements, and commitments made between electric public utilities, load-serving entities, and their customers that impact load forecasting.
AI Summary
This bill mandates that the Board of Public Utilities (board) collect "load-forecasting information," which refers to the methods, data, and assumptions used to predict future electricity needs, including customer contracts and agreements, from electric utilities and entities that sell electricity. The board will then analyze this information to understand its impact on the state's electricity demand forecasts, which are crucial for planning power generation and ensuring a reliable and cost-effective electricity supply, especially given projected increases in demand from sources like data centers and electric vehicles. Furthermore, the bill requires the board to work with PJM Interconnection, L.L.C. (PJM), a regional transmission organization that manages the electricity grid, to ensure that New Jersey's load-forecasting data is fairly and accurately included in PJM's regional planning without being counted multiple times, and to coordinate with PJM and other state regulators to prevent duplicative accounting of large electricity users and their contracts. Finally, starting in 2026, the board must submit an annual report to the Governor and Legislature detailing the collected forecasting information, its analysis, and its coordination efforts.
Committee Categories
Transportation and Infrastructure
Sponsors (3)
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/13/2026)
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/2026/A2491 |
| BillText | https://pub.njleg.gov/Bills/2026/A2500/2491_I1.HTM |
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