Bill
A 5446
Prohibits BPU approval of electric and gas public utility rate increases resulting in total increase to average residential customer bill in excess of two percent annually.
2024-2025 Regular Session
Introduced by Margie Donlon and 4 co-sponsors
New Jersey bill caps annual residential utility rate increases at 2% maximum, removing BPU discretion to approve higher increases based on operational necessity.
Introduced in the Assembly, Referred to Assembly Telecommunications and Utilities Committee