summary
Introduced
03/05/2026
03/05/2026
In Committee
03/05/2026
03/05/2026
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 to end-users (load-serving entities). The board must then analyze this information to understand its impact on the state's electricity demand forecasts and coordinate with PJM Interconnection, L.L.C. (PJM), a regional transmission organization responsible for managing the electric grid, to ensure this information is fairly and accurately incorporated into PJM's planning without duplication. This coordination also extends to accounting for large customer loads and contracts to prevent them from being counted multiple times. Furthermore, the board is required to submit an annual report to the Governor and Legislature detailing the collected information, its analysis, and its coordination efforts, aiming to improve the accuracy and transparency of electricity demand forecasting, which is crucial for ensuring reliable power supply and preventing unnecessary costs for New Jersey consumers, especially given projected increases in demand from sources like data centers and vehicle electrification.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee (on 03/05/2026)
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/S3784 |
| BillText | https://pub.njleg.gov/Bills/2026/S4000/3784_I1.HTM |
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