New Jersey A2916 prohibits public utilities from recovering administrative costs through rates charged to ratepayers.

New Jersey A2916 prohibits the Board of Public Utilities from approving requests by public utilities to recover administrative costs through rates charged to ratepayers. The bill defines "administrative costs" to include personnel salaries, information technology, office supplies, and legal expenses. This act takes effect immediately upon enactment.

New Jersey A2916 prohibits public utilities from recovering administrative costs through rates charged to ratepayers.

New Jersey A2916 prohibits the Board of Public Utilities from approving requests by public utilities to recover administrative costs through rates charged to ratepayers. The bill defines "administrative costs" to include personnel salaries, information technology, office supplies, and legal expenses. This act takes effect immediately upon enactment.