Restructures electric and gas public utility industries in New Jersey.
The bill restructures the electric and gas public utility industries in New Jersey. It allows gas public utilities to discontinue retail choice for residential customers, requiring them to file an updated schedule of tariffs with the New Jersey Board of Public Utilities (board). If the board approves the schedule, customers cannot exercise retail choice through a gas supplier. The bill also permits electric public utilities to own and operate electric generation facilities, requiring them to file an updated schedule of tariffs reflecting necessary rate changes.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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