New Jersey A2412 mandates public utilities to mail customers a detailed explanation of rate settlement agreements before final approval.
New Jersey A2412 requires public utilities to notify customers by direct mail about rate settlement agreements that would increase rates, tolls, charges, or schedules. The notification must include a detailed explanation and justification of the proposed settlement before the Board of Public Utilities makes a final decision. This act applies to public utilities providing gas, electric, water, or sewer service.
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