New Jersey S655 requires electric utilities to submit new tariffs for commercial customers to the Board of Public Utilities and regulates.
New Jersey S655 mandates that electric public utilities submit new tariffs for commercial customers to the Board of Public Utilities (BPU) for approval. The tariffs must utilize alternatives to traditional demand-based rate structures and capacity demand charges, establish cost equity between commercial electric vehicle tariffs and residential tariffs, and remain neutral regarding various types of electric vehicle charging technology. The bill also aims to accelerate third-party investment in electric vehicle charging infrastructure and promote electric vehicle adoption in the state.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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