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A4913
ASSEMBLY, No. 4913
STATE OF NEW JERSEY
222nd LEGISLATURE
�
INTRODUCED MAY 7, 2026
Sponsored by:
Assemblyman� BALVIR SINGH
District 7 (Burlington)
SYNOPSIS
���� Requires customer consent to material changes to
third-party energy supply contracts.
CURRENT VERSION OF TEXT
���� As introduced.
��
An Act
concerning third-party energy supply contracts 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:�
���� �Material change� means a
change to the terms or duration of a third-party energy supply contract,
including, but not limited to, a change in price or a change to or from fixed
or variable pricing.
���� �Third-party energy supply
contract� means a contract for electric generation service or gas supply
service in the State, as those terms are defined in section 3 of P.L.1999, c.23
(C.48:3-51), entered into by an electric power supplier or a gas supplier, as
those terms are defined in section 3 of P.L.1999, c.23 (C.48:3-51), and a
residential customer of that supplier.
���� b.��� Any material change to a
third-party energy supply contract that was entered into or renewed after the
effective date of P.L. , c. (C. )
(pending before the Legislature as this bill) shall require the express verbal,
electronic, or written consent of the residential customer, which express
consent shall be maintained by the electric power supplier or gas supplier in a
verifiable format.
���� c.���� The Board of Public
Utilities shall, in accordance with the �Administrative Procedure Act,�
P.L.1968, c.410 (C.52:14B-1 et seq.), adopt rules and regulations as necessary
to implement this section.
���� 2.��� This act shall take
effect immediately and shall only apply to third-party energy supply contracts
entered into or renewed after the effective date of this act.
STATEMENT
���� This bill requires the express
verbal, electronic, or written consent of a residential customer for any
material change to the customer�s third-party energy supply contract for
electric generation service or gas supply service in the State with an electric
power supplier or a gas supplier, as appropriate.� Under the bill, �material
change� means a change to the terms or duration of any third-party energy
supply contract, including, but not limited to, a change in price or a change
to or from fixed or variable pricing.