New Jersey A2235 mandates a study on de-privatizing electric and gas public utilities, with a $100,000 appropriation.

New Jersey A2235 requires the Division of the Rate Counsel to commission a third-party study on the de-privatization of electric and gas public utilities. The study will assess the feasibility, cost savings, and long-term financial impacts of various de-privatization options, including public acquisition or joint operations. The third party must analyze short- and long-term benefits, environmental effects, service impacts, and cost to ratepayers. The study will also evaluate the strengths and weaknesses of potential public entities for acquisition or operation.

New Jersey A2235 mandates a study on de-privatizing electric and gas public utilities, with a $100,000 appropriation.

New Jersey A2235 requires the Division of the Rate Counsel to commission a third-party study on the de-privatization of electric and gas public utilities. The study will assess the feasibility, cost savings, and long-term financial impacts of various de-privatization options, including public acquisition or joint operations. The third party must analyze short- and long-term benefits, environmental effects, service impacts, and cost to ratepayers. The study will also evaluate the strengths and weaknesses of potential public entities for acquisition or operation.