Prohibits BPU from authorizing rate increases for electric and gas public utilities that charge inclining block rates for residential customers.
Requires BPU to consider affordability to ratepayers before approving base rate cases for electric public utilities.
Prohibits electric and gas public utility rate increases except in extraordinary circumstances.
Prohibits certain electric public utility rate increases and requires certain protections for ratepayers.
Prohibits electric and gas public utility residential rate increases during certain times of year; requires advance notice of certain rate increases.
Prohibits public utility from increasing rates until conclusion of hearing and BPU determination that rate increase is just and reasonable.
Prohibits BPU from authorizing rate increases for electric and gas public utilities that charge inclining block rates for residential customers.
Prohibits public utility from increasing rates until conclusion of hearing and BPU determination that rate increase is just and reasonable.
Prohibits electric public utility residential rate increases during summer and gas public utility residential rate increases during winter.
Requires BPU to establish best practices and to assess electric public utilities' compliance with BPU best practices during BPU's review of rate increase.