S 4938 New Jersey Senate · 2024-2025 Regular Session

"Load Forecast Accountability Act"; requires BPU to review electricity load forecasting in State.

This bill requires New Jersey's Board of Public Utilities (BPU) to collect and review electricity load forecasts submitted by electric utilities to the regional grid operator (PJM). It directly affects electric public utilities (like Jersey Central Power & Light) that must share their long-term demand forecasts with the BPU, excluding short-term forecasts. The BPU must analyze these forecasts for accuracy, coordinate with PJM and neighboring states to prevent duplicate project counting, and submit annual reports to the Governor and Legislature starting in 2026. The goal is to increase transparency in how future electricity demand is projected, ensuring forecasts better reflect actual needs and avoid unnecessary infrastructure costs.
Bill status in committee 1 of 4 stages cleared
Introduction
Dec 2025
Committee Review
Floor Vote
Governor
Introduced Dec 4, 2025 Last action Dec 4, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Dec 4, 2025
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 Tony Bucco
Tony Bucco
RRepublican
NJ
25