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A4502
ASSEMBLY, No. 4502
STATE OF NEW JERSEY
222nd LEGISLATURE
�
INTRODUCED MARCH 9, 2026
Sponsored by:
Assemblyman� ALEX SAUICKIE
District 12 (Burlington, Middlesex, Monmouth and Ocean)
Co-Sponsored by:
Assemblyman Scharfenberger
SYNOPSIS
���� Requires BPU to publish plain language summary of its
final decision on rate increase filings.�
CURRENT VERSION OF TEXT
���� As introduced.
��
An Act
concerning public information on public utility
rate increase filings 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.� As used in this
section:
���� �Board� means the Board of
Public Utilities or any successor agency.
���� �Public utility� or �utility�
has the same meaning as defined in R.S.48:2-13.
���� b.��� When the board issues a
board order with the board�s final decision regarding a public utility�s
petition to increase the utility�s individual rate, joint rate, toll, charge,
or schedule, the board shall include in the board order a plain language
summary of the board order.� At a minimum, the summary shall:�
���� (1)�� summarize the contents
of the utility�s petition;
���� (2)�� justify the board�s
final decision on the petition;
���� (3)�� state the petition�s
impact on affected customers, if any;
���� (4)�� list the utility�s
current individual rate, joint rate, toll, charge, or schedule, the new
individual rate, joint rate, toll, charge, or schedule, and the total amount of
the increase;
���� (5)�� state the utility�s rate
of return;
���� (6)�� if the increase is
implemented to recover the costs of infrastructure or other investments,
provide an expected period of time by which the utility plans to recover those
costs;
���� (7)�� state when the new
individual rate, joint rate, toll, charge, or schedule will take effect; and
���� (8)�� include any other
information, as determined by the board.�
���� 2.��� This act shall take
effect immediately.
STATEMENT
���� This bill requires the Board
of Public Utilities to include in a board order with the board�s final decision
regarding a public utility�s petition to increase the utility�s individual
rate, joint rate, toll, charge, or schedule a plain language summary of the
board order.� Under the bill, the summary is to include: (1) a summary of the
contents of the utility�s petition; (2) a justification for the board�s final
decision on the petition; (3) a statement of the petition�s impact on affected
customers, if any; (4) the utility�s current individual rate, joint rate, toll,
charge, or schedule, the new individual rate, joint rate, toll, charge, or
schedule, and the total amount of increase; (5) the utility�s rate of return;
(6) if the increase is implemented to recover the costs of infrastructure or
other investments, an expected period of time by which the utility plans to
recover those costs; (7) when the new individual rate, joint rate, toll,
charge, or schedule will take effect; and (8) any other information, as
determined by the board.�
���� With this bill, the sponsor
intends to ensure that consumers know what decisions are being made and how
those decisions impact their utility rates and payments, especially at a time
when utility rates are increasing.� Language currently used in board orders
makes it difficult for many consumers to fully understand the board orders�
impact.