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NJ S611
NJ S611Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.
summary
Introduced
01/12/2016
01/12/2016
In Committee
01/12/2016
01/12/2016
Crossed Over
Passed
Dead
01/08/2018
01/08/2018
Introduced Session
2016-2017 Regular Session
Bill Summary
This bill requires a public utility to, upon arriving at a rate settlement agreement, the approval of which would increase individual rates, tolls, charges, or schedules of a public utility, notify customers in the service area affected by the settlement by direct mail prior to the final settlement decision before the Board of Public Utilities. The notification shall provide an explanation of the proposed settlement, including a detailed justification of the basis for the proposed settlement.
AI Summary
This bill requires public utilities to mail customers a detailed explanation of any rate settlement agreements that would increase individual rates, tolls, charges, or schedules, prior to the final decision by the Board of Public Utilities (BPU). The notification must include a justification for the proposed settlement. The term "public utility" refers to providers of gas, electric, water, or sewer service.
Committee Categories
Business and Industry
Sponsors (4)
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee (on 01/12/2016)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2016/Bills/S1000/611_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/S1000/611_I1.PDF |
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