New Jersey S2839 mandates the Board of Public Utilities to consider energy security, diversity, and affordability when preparing the Energy Master.

New Jersey S2839, the "Energy Security and Affordability Act," amends the State’s Energy Master Plan to require the Board of Public Utilities (BPU) to consider energy security, diversity, and affordability when preparing the Energy Master Plan. The bill also mandates the BPU to perform an economic and ratepayer impact analysis of any energy generation facility project before issuing final approval. This analysis must detail the cost, financial impact to the State and local governments, effect on ratepayers, and economic impact of the energy policy or project.

New Jersey S2839 mandates the Board of Public Utilities to consider energy security, diversity, and affordability when preparing the Energy Master.

New Jersey S2839, the "Energy Security and Affordability Act," amends the State’s Energy Master Plan to require the Board of Public Utilities (BPU) to consider energy security, diversity, and affordability when preparing the Energy Master Plan. The bill also mandates the BPU to perform an economic and ratepayer impact analysis of any energy generation facility project before issuing final approval. This analysis must detail the cost, financial impact to the State and local governments, effect on ratepayers, and economic impact of the energy policy or project.