New Jersey A2491 mandates the Board of Public Utilities to oversee and analyze electricity load forecasting.

New Jersey A2491 requires the Board of Public Utilities to collect and analyze load-forecasting information from electric public utilities and load-serving entities. The bill aims to ensure transparency and accuracy in load forecasting, which is crucial for maintaining system reliability and preventing unnecessary costs for consumers. The board must coordinate with PJM Interconnection, L.L.C. and other regulatory authorities to incorporate load-forecasting information into regional planning and prevent duplicative counting of projects and customer contracts.

New Jersey A2491 mandates the Board of Public Utilities to oversee and analyze electricity load forecasting.

New Jersey A2491 requires the Board of Public Utilities to collect and analyze load-forecasting information from electric public utilities and load-serving entities. The bill aims to ensure transparency and accuracy in load forecasting, which is crucial for maintaining system reliability and preventing unnecessary costs for consumers. The board must coordinate with PJM Interconnection, L.L.C. and other regulatory authorities to incorporate load-forecasting information into regional planning and prevent duplicative counting of projects and customer contracts.