Electric utilities would report equipment repaired or replaced early after storms or other events beyond their control, so state regulators could review the work and recommend ways to lower costs.
New Jersey electric utilities would report equipment repaired or replaced before routine maintenance because of storms or other events beyond their control. They would also report where the equipment is.
The Board of Public Utilities would review whether reported repairs were needed and recommend ways to make power equipment more reliable and lower repair costs.
Electric utilities would report each qualifying repair or replacement and its location to the Board of Public Utilities. This applies to utilities that transmit and distribute electricity to customers in New Jersey. The equipment must have been damaged by a storm or another event beyond the utility’s control and repaired or replaced before its routine maintenance schedule. If enacted, this requirement would take effect immediately.
The board would keep the reports, review each reported repair, and send recommendations to the governor and lawmakers. The board would review repairs reported under this requirement. The board would review whether each repair was needed and appropriate. Its recommendations would aim to make equipment last longer, work more reliably, and lower repair costs for utilities and customers. If enacted, these duties would take effect immediately.
No hearings or votes scheduled.