S 4371 New Jersey Senate · 2024-2025 Regular Session

Requires public utilities de-privatization study; appropriates $100,000.

This bill requires New Jersey's Board of Public Utilities to hire a third party to study whether de-privatizing public utilities (like electricity or water providers) would be feasible and cost-effective. The study must examine two main options: public entities (such as state agencies) fully or partially acquiring utilities, or public entities jointly operating utilities with existing providers. It must analyze short- and long-term costs, benefits, environmental impacts, service quality, ratepayer effects, and revenue from clean energy programs. The Board must complete the study within one year, submit findings and recommendations to the Governor and Legislature, and the state will appropriate $100,000 to fund the study.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 12, 2025 Last action May 12, 2025
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May 12, 2025
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
2 primary · 1 co-sponsor

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