New Jersey S2712 mandates a study on de-privatizing electric and gas public utilities, with a $100,000 appropriation.

New Jersey S2712 requires the Division of the Rate Counsel to commission a third-party study on the feasibility and cost savings of de-privatizing electric and gas public utilities. The study will evaluate options such as public entity acquisition or joint ownership of utilities. The third party can request information from utilities and public entities. The bill allocates $100,000 from the General Fund for this purpose. The study will assess short- and long-term challenges, benefits, cost savings, and revenue from clean energy programs.

New Jersey S2712 mandates a study on de-privatizing electric and gas public utilities, with a $100,000 appropriation.

New Jersey S2712 requires the Division of the Rate Counsel to commission a third-party study on the feasibility and cost savings of de-privatizing electric and gas public utilities. The study will evaluate options such as public entity acquisition or joint ownership of utilities. The third party can request information from utilities and public entities. The bill allocates $100,000 from the General Fund for this purpose. The study will assess short- and long-term challenges, benefits, cost savings, and revenue from clean energy programs.