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Bill > A2062


NJ A2062

NJ A2062
Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.


summary

Introduced
01/09/2018
In Committee
01/09/2018
Crossed Over
Passed
Dead
01/08/2020

Introduced Session

2018-2019 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 proposed 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 provide a justification for the proposed settlement. The term "public utility" is defined to include those providing gas, electric, water, or sewer service.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/09/2018)

bill text


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