S 445 New Jersey Senate · 2024-2025 Regular Session

Requires public utility to reimburse business customer during period when business ceases operations due to utility repairing or replacing its equipment on business customer's property.

This bill requires public utilities to reimburse business customers for financial losses when a business must shut down due to a service interruption necessitating the utility to repair or replace equipment on the business's property. It specifically excludes reimbursements for service interruptions caused by declared emergencies (like storms or disasters). The Board of Public Utilities determines the reimbursement amount after reviewing the business's documentation, and utilities cannot recover these costs from other ratepayers. The law applies only to non-emergency service interruptions affecting business operations.
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 Senate, Referred to Senate Economic Growth Committee
upper
1 primary · 0 co-sponsors

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Legislator
Party
State
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P
Photo of Jim Holzapfel
Jim Holzapfel
RRepublican
NJ
10