A2412 • 2026

Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: McCoy, Tennille R.
Last action: 2026-01-13
Official status: Introduced, Referred to Assembly Telecommunications and Utilities Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.

What This Bill Does

Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.
Topic: Telecommunications and Utilities Fiscal note: This bill has not been certified by OLS for a fiscal note.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-01-13 New Jersey Legislature
Introduced, Referred to Assembly Telecommunications and Utilities Committee

Official Summary Text

Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.
Topic:
Telecommunications and Utilities
Fiscal note:
This bill has not been certified by OLS for a fiscal note.

Current Bill Text

Read the full stored bill text

A2412

ASSEMBLY, No. 2412

STATE OF NEW JERSEY

222nd LEGISLATURE

�

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Assemblywoman TENNILLE R. MCCOY

District 14 (Mercer and Middlesex)

SYNOPSIS

���� Requires public utilities to mail customers detailed
explanation of rate settlement agreements prior to final BPU vote.

CURRENT VERSION OF TEXT

���� Introduced Pending Technical Review by Legislative
Counsel.

��

An Act

concerning public utility rate settlement
agreements, and supplementing Title 48 of the Revised Statutes.

����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:

���� 1.��� a.� A public utility
shall, upon arriving at a rate settlement agreement, the approval of which
would increase individual rates, tolls, charges, or schedules of a public
utility, notify customers in the service area affected by the settlement by
direct mail prior to the final settlement decision before the Board of Public
Utilities.� The notification shall provide an explanation of the proposed
settlement, including a detailed justification of the basis for the proposed
settlement.

���� b.��� For the purposes of this
section, �public utility� means a public utility as defined in R.S.48:2-13,
providing gas, electric, water, or sewer service.

���� 2.��� This act shall take
effect immediately.

STATEMENT

���� This bill requires a public
utility to, upon arriving at a rate settlement agreement, the approval of which
would increase individual rates, tolls, charges, or schedules of a public
utility, notify customers in the service area affected by the settlement by
direct mail prior to the final settlement decision before the Board of Public
Utilities.� The notification shall provide an explanation of the proposed
settlement, including a detailed justification of the basis for the proposed
settlement.