Bill
Bill > A2758
NJ A2758
NJ A2758Prohibits BPU approval of electric and gas public utility rate increases resulting in total increase to average residential customer bill in excess of two percent annually.
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 prohibits the Board of Public Utilities from approving electric or gas public utility rate increases that are projected to result in a total increase to an average residential customer bill in excess of two percent annually.
AI Summary
This bill, titled "Prohibits BPU approval of electric and gas public utility rate increases resulting in total increase to average residential customer bill in excess of two percent annually," mandates that the Board of Public Utilities (BPU), the state agency responsible for regulating utility services, cannot approve any increases to the rates charged by electric or gas public utilities if those increases are expected to cause the total bill for an average residential customer to rise by more than two percent in a single year. This provision aims to limit the annual financial burden on households from rising utility costs.
Committee Categories
Transportation and Infrastructure
Sponsors (5)
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/A2758 |
| BillText | https://pub.njleg.gov/Bills/2026/A3000/2758_I1.HTM |
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