The proposal describes rules that would assign certain power cuts and capacity costs to very large electricity users, with added requirements for utility service.
The bill describes rules for assigning PJM-ordered power cuts and certain long-term capacity costs to very large electricity users. Customers seeking utility service would also provide financial security and load information.
Large-load customers would face rules for PJM-ordered power cuts, capacity costs, and service requirements. The rules concern individual load additions of at least 50 megawatts, or another threshold set by the Board. They apply to electric utilities and other entities that serve electricity users in New Jersey. Utilities may still take necessary steps to maintain system reliability and may use voluntary power-cut programs. The Board of Public Utilities must approve how financial security is provided. The service requirements apply when a covered customer seeks service from a New Jersey electric utility.
No hearings or votes scheduled.