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Bill > A4350
NJ A4350
NJ A4350Requires BPU to post on its website report from public utility on public utility's capital investments in response to petition from public utility to increase rates.
summary
Introduced
02/19/2026
02/19/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill provides that when filing a petition with the Board of Public Utilities (BPU) for an increase in a public utility's base rates, the public utility is to provide the BPU with a report that includes an analysis of the public utility's capital investments, in a form and manner determined by the BPU, for the purpose of determining the level of revenues necessary to afford the public utility an opportunity to earn a fair and reasonable rate of return on prudently incurred capital investments in the public utility's rate base. Within 30 days of receiving the report, the BPU is to examine its contents and post the report on the BPU's Internet website. Prior to posting the report on its Internet website, the BPU is to remove or redact from the report any contents that the BPU determines to be confidential information.
AI Summary
This bill requires that when a public utility, which is a company providing essential services like electricity, gas, sewer, or water, asks the Board of Public Utilities (BPU) for permission to raise its rates, it must submit a report detailing its capital investments. This report, which will be in a format decided by the BPU, is intended to help the BPU determine how much revenue the utility needs to make a fair profit on its investments. The BPU will then have 30 days to review this report and post it on its website, but it must first remove any information it deems confidential, such as proprietary business details.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 02/19/2026)
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/A4350 |
| BillText | https://pub.njleg.gov/Bills/2026/A4500/4350_I1.HTM |
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