Bill
Bill > A743
NJ A743
NJ A743Eliminates demand side management programs from cost recovery through societal benefits charge.
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 eliminates the cost of demand side management programs from recovery through the societal benefits charge. Demand side management program cost recovery includes certain funding for energy efficiency and Class I renewable energy programs from the clean energy funds established by the Board of Public Utilities.
AI Summary
This bill eliminates the ability for utility companies to recover the costs of demand-side management programs, which are initiatives aimed at influencing the amount or timing of energy consumption, through a societal benefits charge. This charge is a non-negotiable fee collected from all electricity and gas customers to fund various programs. Specifically, the bill removes provisions that allowed for the recovery of costs associated with energy efficiency and certain renewable energy programs from these charges, effectively ending their funding through this mechanism. The bill also makes conforming changes to other laws, including those related to business assistance and incentives, by removing references to the clean energy program as a source of business assistance that could be funded by these charges.
Committee Categories
Transportation and Infrastructure
Sponsors (2)
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/13/2026)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2026/A743 |
| BillText | https://pub.njleg.gov/Bills/2026/A1000/743_I1.HTM |
Loading...