S 1802 New Jersey Senate · 2024-2025 Regular Session

Requires BPU to post on its website report from public utility on public utility's capital investments in response to petition from public utility to increase rates.

This bill (S 1802) requires public utilities in New Jersey (like electric, gas, water, or sewer companies) to submit detailed reports analyzing their capital investments when filing a petition with the Board of Public Utilities (BPU) for a rate increase. The BPU must then review these reports within 30 days and post them on its website, removing any confidential information (such as trade secrets) before sharing. The bill directly affects utilities seeking rate hikes and aims to increase transparency around how their capital investments impact rate decisions. It is pending in the New Jersey Senate and would take effect immediately if passed.
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
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Angela McKnight
Angela McKnight
DDemocratic
NJ
31