Public utilities required to assess and report on vulnerability of critical electric substations to physical attack, implementation of security measures required, and cost recovery provided.
Requires electric public utilities to implement flood mitigation plans for certain electric distribution substations; prohibits rate increase pending implementation of flood mitigation plans.
Requires electric public utilities to implement flood mitigation plans for certain electric distribution substations; prohibits rate increase pending implementation of flood mitigation plans.
Power; public utilities; UCC; securities
Public Utilities not required to pay interest on security deposits
Energy storage provisions added and modified to support deployment, utilities required to install an energy storage system, Public Utilities Commission required to order the installation of energy storage systems, public utilities required to file a plan to install energy storage systems, incentive program established, and money appropriated.
Requires electric public utility to submit proposal to BPU detailing utility's plan to harden its electric distribution substations to protect against criminal attacks.
Requires electric public utility to submit proposal to BPU detailing utility's plan to harden its electric distribution substations to protect against criminal attacks.
Public utilities; requiring public utilities to develop energy security plan; specifying plan contents. Effective date.
AN ACT relating to securitization of public utilities.