Requires electric and gas public utilities de-privatization study; appropriates $100,000.
S 2712 requires New Jersey's Division of Rate Counsel to hire an independent third party to study the feasibility and cost savings of de-privatizing electric and gas public utilities (companies serving residents) by exploring two options: public ownership or joint public-private operation. The study must analyze short- and long-term impacts - including environmental effects, service quality, ratepayer costs, and financial implications - and include input from utilities and public entities. It mandates all electric/gas utilities and public entities to cooperate with the study and requires a final report to the Governor and Legislature within one year. The bill appropriates $100,000 from the state budget to fund this study, which will inform future decisions but does not implement de-privatization itself.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
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Full legislative history
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Total actions
1
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Jan 13, 2026
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
2 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Brian Stack
DDemocratic
P
Britnee Timberlake
DDemocratic
Co
Joe Cryan
DDemocratic
Co
Renee Burgess
DDemocratic
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