STATE OF NEW JERSEY
222nd LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION
Sponsored by:
Assemblyman ALEX SAUICKIE
District 12 (Burlington, Middlesex, Monmouth and Ocean)
SYNOPSIS
Prohibits public utility from recovering certain administrative costs.
CURRENT VERSION OF TEXT
Introduced Pending Technical Review by Legislative Counsel.
An Act concerning rate recovery of certain costs 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, or regulation to the contrary, the Board of Public Utilities shall not approve the request of a public utility, as defined in R.S.48:2-13, to recover administrative costs through the public utility rates charged to ratepayers after the effective date of P.L. , c. (C. ) (pending before the Legislature as this bill).
For the purposes of this section, “administrative costs” means any payment made by a public utility in furtherance of utility service that is not recovered by the public utility as a capital expense. “Administrative costs” includes, but is not limited to, the cost of personnel salaries, information technology, office supplies, and legal expenses.
2. This act shall take effect immediately.
STATEMENT
This bill prohibits the Board of Public Utilities from approving the request of a public utility to recover administrative costs through the public utility rates charged to ratepayers after the bill’s effective date. The bill defines “administrative costs” to mean any payment made by a public utility in furtherance of utility service that is not recovered by the public utility as a capital expense. “Administrative costs” includes, but is not limited to, the cost of personnel salaries, information technology, office supplies, and legal expenses.