A 758 New Jersey General Assembly · 2024-2025 Regular Session

Prohibits 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.

This bill prevents utilities from directly charging customers for infrastructure upgrades required due to customers' natural disaster mitigation projects (like reinforcing property against storms). Instead, it allows utilities to recover these costs through standard rate increases applied to all customers. To qualify, customers must provide a contractor's certification within 90 days confirming the project was for disaster mitigation. The bill affects homeowners who complete such projects and their utility providers, ensuring costs are shared broadly via regulated rates rather than direct billing.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Telecommunications and Utilities Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Greg McGuckin
Greg McGuckin
RRepublican
NJ
10