New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A758

Introduced
1/9/24  

Caption

Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.

Impact

A significant provision of A758 is its prohibition against public utilities billing customers for costs incurred during necessary upgrades to their infrastructure that result from these qualified construction projects, provided the customer complies with the certification requirement. However, utilities retain the right to collect a customer's pro rata share of any increase in their rate base or other recovery mechanisms approved by the board, which might raise questions about potential cost shifts to other customers in the long term.

Summary

Assembly Bill A758 aims to establish guidelines concerning upgrades to public utility infrastructure following qualified construction projects. The bill stipulates that customers of public utilities must provide certification from a licensed contractor within 90 days of completing construction intended to mitigate damage from past or potential natural disasters. This certification assures both the Board of Public Utilities and the utility company that the upgrades are compliant with the prescribed standards.

Contention

The bill's introduction suggests there may be differing opinions regarding the implications of cost recovery on public utilities. Critics could argue that the provision allowing for cost recovery in utility rate bases might lead to increased rates for other customers who are not directly involved in qualified construction projects. Proponents of the bill, however, argue that it encourages customers to undertake important mitigation work that can reduce broader infrastructure vulnerabilities in disaster-prone areas, thus benefiting public safety and community resilience.

Companion Bills

NJ S446

Same As Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.

NJ A1613

Carry Over Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.

Previously Filed As

NJ S446

Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.

NJ A1613

Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.

NJ S117

Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.

NJ S339

Requires electric public utility to install and operate smart meter infrastructure and technology at certain customers' premises; provides employment protections for certain electric public utility employees.

NJ SB1076

Phase I Utilities; securitized asset costs, rate increases in certain months prohibited, etc.

NJ HB4661

PUBLIC UTILITY-INFRASTRUCTURE

NJ HB118

Electric utilities; cost recovery for electric vehicle charging infrastructure.

NJ SB564

Allowing PSC to authorize recovery of certain costs by utilities through issuance of consumer rate relief bonds

NJ SB1579

Relating to the recovery and securitization of extraordinary costs incurred by certain gas utilities; authority to issue bonds.

NJ HB2621

Phase I Utilities; financing for certain securitized asset costs, biennial rate reviews.

Similar Bills

NJ A1613

Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.

NJ S117

Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.

NJ S446

Prohibits utility from billing customer for costs incurred for certain upgrades to utility infrastructure; allows costs for certain upgrades to utility infrastructure be recovered in utility's rate base.

WV SB129

Making it unlawful for public utility to prohibit customers from hiring contractors to construct, install, or maintain connections to public utility

WV SB273

Preventing public water and sewer utilities from prohibiting customer from constructing, installing, or maintaining connection to public utility

WV SB340

Preventing public water and sewer utilities from prohibiting customer from constructing, installing, or maintaining connection to public utility

UT HB0350

District Energy Amendments

NJ S339

Requires electric public utility to install and operate smart meter infrastructure and technology at certain customers' premises; provides employment protections for certain electric public utility employees.