New Jersey S4319 prohibits electric public utilities from recovering costs of smart grid projects through ratepayer charges.
New Jersey S4319, known as the "Stop Misappropriating Ratepayer Tariffs for Excessive Resources Act," prohibits electric public utilities from recovering costs associated with smart grid projects through any component of the rates charged to ratepayers. This includes capital and operating expenditures. The act takes effect immediately and applies to all costs related to the deployment of smart grid systems.
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