New Jersey A5467 mandates electric public utilities to report infrastructure repairs to the Board of Public Utilities for cost-savings.
New Jersey A5467 requires electric public utilities to report to the Board of Public Utilities any infrastructure repairs made ahead of schedule due to storm damage or other uncontrollable events. The Board must review these reports, determine if the repairs were necessary, and recommend ways to improve the longevity and reliability of utility infrastructure to reduce repair costs. The Board must also maintain records of these reports and adopt necessary rules to implement the act.
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