A 5344 New Jersey General Assembly · 2024-2025 Regular Session

Establishes certain requirements for public utility rate increases.

This New Jersey bill (A5344) requires public utilities (like electricity and gas companies) to provide clear notifications to customers before rate increases take effect. Specifically, utilities must send affected customers a plain-language summary of their rate petition filing, including the reason for the increase and its impact, either via bill insert or local newspaper notice. After the Board of Public Utilities makes a final decision on the rate change, the utility must mail a summary of the board's order to customers 30 days before the new rates take effect (if approved) or within 14 days (if denied). The bill also mandates that the Board respond in writing to public questions asked during hearings about rate applications within 14 days of the final hearing.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 20, 2025 Last action Feb 20, 2025
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Feb 20, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Telecommunications and Utilities Committee
lower
2 primary · 0 co-sponsors

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