Prohibits BPU from approving electric public utility rate increase without full rate review.

Summary

The bill prevents the Board of Public Utilities from allowing any electric utility to raise any component of its rates unless a complete rate review is performed first. It covers all utilities that transmit and distribute electricity to New Jersey customers. The goal is to ensure rate changes are fully examined before approval.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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