New Jersey A4718 mandates a study on the de-privatization of public utilities and appropriates $100,000 for the study.

New Jersey A4718 requires the Board of Public Utilities to commission a third-party study on the feasibility and cost savings of de-privatizing public utilities. The study will evaluate options such as acquisition or joint operation by public entities. It will also assess the short- and long-term challenges and benefits, including environmental effects and costs to ratepayers. The board must submit a report to the Governor and the Legislature within a year, detailing findings and recommendations. The bill appropriates $100,000 from the General Fund for this purpose.

New Jersey A4718 mandates a study on the de-privatization of public utilities and appropriates $100,000 for the study.

New Jersey A4718 requires the Board of Public Utilities to commission a third-party study on the feasibility and cost savings of de-privatizing public utilities. The study will evaluate options such as acquisition or joint operation by public entities. It will also assess the short- and long-term challenges and benefits, including environmental effects and costs to ratepayers. The board must submit a report to the Governor and the Legislature within a year, detailing findings and recommendations. The bill appropriates $100,000 from the General Fund for this purpose.