S 2712 New Jersey Senate · 2026-2027 Regular Session

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
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Jan 13, 2026
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
2 primary · 2 co-sponsors

Sponsors