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A2758

Prohibits BPU approval of electric and gas public utility rate increases resulting in total increase to average residential customer bill in excess of two percent annually.

Introduced·1/13/26
Introduced Text

New Jersey A2758 prohibits the Board of Public Utilities from approving electric and gas rate increases exceeding two percent annually for.

New Jersey A2758 prohibits the Board of Public Utilities from approving electric or gas public utility rate increases that would result in a total increase to an average residential customer bill exceeding two percent annually. This bill aims to limit the annual rate hikes for residential customers, ensuring that their utility bills do not rise more than two percent each year. This act takes effect immediately upon enactment.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Telecommunications and Utilities Committee
Next
Committee decision

Sponsors

DDDDD
5
0
Democratic CaucusRepublican Caucus

History

Jan 13

Assembly

Introduced, Referred to Assembly Telecommunications and Utilities Committee