"Utility Rate Recovery Fairness Act"; prohibits electric public utilities and gas public utilities from recovering certain costs.

Summary

The bill bars New Jersey electric and gas public utilities from including certain expenses—such as attorney fees, expert witness costs, employee salaries tied to rate cases, trade‑association dues, lobbying fees, and executive travel—in the rates charged to ratepayers. It requires the Board of Public Utilities to adopt rules to enforce the ban. The measure aims to keep customer bills from being inflated by utilities’ internal and political expenses.

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

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