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Bill > S297
NJ S297
NJ S297Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.
summary
Introduced
01/09/2018
01/09/2018
In Committee
01/09/2018
01/09/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 Regular Session
Bill Summary
The bill requires a public utility customer who has completed a qualified construction project to, within 90 days of completion of the construction, provide to the Board of Public Utilities (board) and to the customer's public utilities a certification from a licensed contractor that the construction on the customer's property was performed to mitigate damage to the customer's property from a previous or future natural disaster. "Qualified construction project" means construction performed on the real property of a customer of a public utility to mitigate damage to the customer's real property from a previous or future natural disaster. A customer who fails to provide the certification to the board and the customer's public utilities within 90 days of the completion of the construction may be liable to the public utility for costs incurred by the public utility for necessary upgrades to its infrastructure as a result of the construction performed on the customer's property. The bill provides that any costs incurred by a public utility for necessary upgrades to its infrastructure as a result of a qualified construction project receiving certification may be recovered in a base rate case. Under the bill, a public utility is not to bill a customer to recover the costs incurred to the public utility for necessary upgrades to its infrastructure as a result of a qualified construction project, except that the public utility may bill the customer for the customer's pro rata share of any increase in the public utility's rate base or other recovery mechanism approved by the board.
AI Summary
This bill requires a public utility customer who has completed a qualified construction project on their property to mitigate damage from a previous or future natural disaster to provide a certification from a licensed contractor to the Board of Public Utilities and the customer's utility within 90 days. The bill prohibits the utility from billing the customer for costs incurred for necessary upgrades to the utility's infrastructure due to the customer's construction project, except for the customer's pro rata share of any increase in the utility's rate base or other recovery mechanism approved by the Board. The costs incurred by the utility for the necessary infrastructure upgrades may be included in the utility's rate base or otherwise recovered from ratepayers.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee (on 01/09/2018)
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/2018/Bills/S0500/297_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/S0500/297_I1.PDF |
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