Requires BPU to adjust societal benefits charge if excess funds are collected and provides that excess funds may only be spent on measures to reduce electric and natural gas usage.
"Energy Cost Fairness Act"; prohibits BPU from authorizing rate increases for electric and gas public utilities that charge inclining block rates for residential customers.
"New Jersey Clean Energy Act of 2024"; establishes 100 percent clean electricity standard and directs BPU to establish clean electricity certificate program.