Bill
S 4372
Prohibits BPU approval of electric or gas public utility rate increase resulting in total increase to average residential customer bill in excess of two percent within five-year period.
2024-2025 Regular Session
Introduced by Renee Burgess and 2 co-sponsors
New Jersey bill caps total residential electric and gas utility bill increases to 2% per five-year period, restricting BPU authority to approve larger rate hikes.
Introduced in the Senate, Referred to Senate Economic Growth Committee