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A 5464 New Jersey General Assembly · 2024-2025 Regular Session

Prohibits BPU from approving electric public utility rate increase without full rate review.

This bill (A5464) prohibits New Jersey's Board of Public Utilities (BPU) from approving any electric utility rate increase without first conducting a full rate review. It directly affects electric utilities (like power companies) and their ratepayers (customers), requiring the BPU to complete a comprehensive review of a utility's rates before any increase can be approved. The key provision mandates that the BPU cannot approve rate hikes for electric services to end users without this full review process, as defined under state law. The bill takes immediate effect upon enactment.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill mandates full rate review for electric utility increases, promoting fiscal responsibility by ensuring due diligence and protecting ratepayers from arbitrary cost hikes.65% confidence ✓ EnergySupports EnergyThe bill protects utility consumers by mandating full rate reviews before approving electric utility rate increases, aligning with a 'support' indicator.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 17, 2025 Last action May 5, 2025
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
May 5, 2025
Committee
Reported and Referred to Assembly Appropriations Committee
lower
Mar 17, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Telecommunications and Utilities Committee
lower
3 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
P
Photo of Cody Miller
Cody Miller
DDemocratic
NJ
4
P
Photo of Gabe Rodriguez
Gabe Rodriguez
DDemocratic
NJ
33
P
Photo of Sterley Stanley
Sterley Stanley
DDemocratic
NJ
18
Co
Photo of Dan Hutchison
Dan Hutchison
DDemocratic
NJ
4