New Jersey A3251 prohibits electric and gas utility residential rate increases during summer and winter, and mandates 30-day advance notice for such.
New Jersey A3251 prohibits electric public utility residential rate increases during the summer, from June 1 through August 31, and electric and gas public utility residential rate increases during the winter, from January 1 through March 31. The bill also requires electric and gas public utilities to provide residential customers with at least 30 days advance notice of the rate increase via mail or electronic mail. This act aims to protect residential customers from unexpected rate hikes during peak usage periods.
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