New Jersey A5431 regulates consumer-regulated electric utilities, exempting them from certain public utility regulations.
New Jersey A5431 establishes regulations for consumer-regulated electric utilities (CREUs). These utilities are exempt from being regulated as public utilities, except when they connect to the state's transmission and distribution system. CREUs can own, operate, manage, or control electric generation, distribution, or transmission facilities within the state and sell electricity exclusively to new industrial, commercial, and other nonresidential loads.
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