New JerseyNew Jersey utilities could end supplier choice after rate approval
New Jersey electric utilities could run power plants and end customer supplier choice after rate approval, while gas utilities could end household supplier choice after the same approval.
What it does
Electric utilities could own and run power plants. If they choose to do so, all their customers would lose outside supplier choice once state regulators approve updated rates.
Gas utilities could end households’ ability to choose an outside gas supplier. That restriction would begin only after state regulators approve the utility’s updated household rates.
Argument forLetting electric utilities run power plants could help them coordinate how they produce electricity and deliver it to customers.
Argument againstEnding supplier choice after rate approval could prevent affected electricity customers and gas households from comparing prices among outside energy suppliers.
More detail
Electric utilities would be allowed to own and run power plants. The option covers utilities that transmit and deliver electricity in New Jersey. All customers of a utility choosing this option would lose outside supplier choice. A utility choosing this option would have to submit updated rates that combine power supply and delivery charges to the New Jersey Board of Public Utilities for approval. The bill would take effect immediately if enacted. The supplier restriction would begin when the board approves the utility’s updated rates.
Gas utilities could choose to end households’ ability to buy gas through outside suppliers. This option covers New Jersey gas utilities and their residential customers. It does not cover business customers. A utility choosing this option would have to submit updated household rates that combine gas supply and delivery charges to the New Jersey Board of Public Utilities for approval. The bill would take effect immediately if enacted. The supplier restriction would begin when the board approves the utility’s updated household rates.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 10Introduced, Referred to Assembly Telecommunications and Utilities CommitteeIntroduced
Environment & EnergyConsumer Protection