Requires electric public utilities to submit transmission project proposal to BPU for approval.

This bill (A4518) requires New Jersey electric public utilities to obtain prior approval from the Board of Public Utilities (BPU) before starting new or modified transmission lines. Utilities must submit detailed proposals covering environmental impacts, full project costs, evidence of public need (like reliability or cost savings), and lower-cost alternatives. The BPU must review proposals within 90 days and approve them only if deemed reasonable, in the public interest, and cost-effective. This directly affects all utilities transmitting electricity within New Jersey, aiming to ensure projects are necessary and cost-efficient.