A 2758

ASSEMBLY, No. 2758
STATE OF NEW JERSEY
222nd LEGISLATURE
�
PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION
Sponsored by:
Assemblywoman ANDREA KATZ
District 8 (Atlantic and Burlington)
Assemblywoman LUANNE M. PETERPAUL
District 11 (Monmouth)
Co-Sponsored by:
Assemblymen Hutchison, Miller and Assemblywoman Donlon
SYNOPSIS
���� Prohibits BPU approval of electric and gas public
utility rate increases resulting in total increase to average residential
customer bill in excess of two percent annually.
CURRENT VERSION OF TEXT
���� Introduced Pending Technical Review by Legislative
Counsel.
��
An Act concerning electric and gas public utility rates
and supplementing Title 48 of the Revised Statutes.
���� Be It
Enacted by the Senate and General Assembly of
the State of New Jersey:
���� 1.��� Notwithstanding any law,
rule, regulation, or order to the contrary, the Board of Public Utilities shall
not approve electric or gas public utility rate increases that are projected to
result in a total increase to an average residential customer bill in excess of
two percent annually.
���� 2.��� This act shall take
effect immediately.
STATEMENT
���� This bill prohibits the Board
of Public Utilities from approving electric or gas public utility rate
increases that are projected to result in a total increase to an average
residential customer bill in excess of two percent annually.