Requires electric and gas public utilities de-privatization study; appropriates $100,000.
This bill requires New Jersey's Division of the Rate Counsel to commission an independent third party to study the feasibility and cost savings of moving the state's electric and gas utility services from private companies to public ownership. The study must evaluate two main options: public entities (like state agencies) fully acquiring utilities or sharing ownership with current providers, and analyze factors including service reliability, environmental impacts, customer costs, and long-term financial effects. All electric/gas utilities and public entities must cooperate by providing requested information to the study team. The state will allocate $100,000 from the General Fund to cover the study costs, with a final report due to the Governor and Legislature within one year.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 22, 2025
Last action May 22, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
May 22, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Telecommunications and Utilities Committee
lower
2 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Shanique Speight
DDemocratic
P
Verlina Reynolds-Jackson
DDemocratic
Co
Garnet Hall
DDemocratic
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