New Jersey Senate Bill S2714

New Jersey 2022-2023 Regular Session

• Introduced: 5/26/22
• Refer: 5/26/22

Caption

Requires certain customer identification to be presented to electric power or gas supplier if customer switches services.

Impact

The bill modifies existing laws related to energy supplier contracts, particularly those stipulated in P.L.2015, c.291. Under the new regulations, the electric public utilities must receive an electronic enrollment notice from the supplier at least 20 days before the scheduled meter reading date to initiate a switch. This requirement aims to streamline the transition process for customers while ensuring compliance with identification standards. The effective date of the changes will occur 60 days post-enactment, impacting all new contracts formed or renewed after this period.

Summary

Senate Bill S2714 introduces new regulations regarding customer identification verification for residential customers when they switch between electric power or gas suppliers and providers. Specifically, the bill mandates that customers present either government-issued photo identification or non-photo identification accompanied by secondary verification methods, such as utility bills or bank statements. This process ensures that customer identities are confirmed prior to any changes in their service providers, thereby enhancing security and reducing fraud in the energy market.

Contention

One area of contention regarding S2714 may arise from concerns about accessibility and the burden of identification requirements on consumers. While the bill seeks to protect against fraudulent activities, there may be apprehensions from residents who might find it challenging to provide the necessary documentation. Stakeholders in the energy sector, including various consumer advocacy groups, may express concerns about whether the identification requirements could deter consumers from switching to more favorable energy rates or services. Therefore, while the bill aims to provide security, its implications on market competition and consumer choice should be carefully considered.