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Committee advances bill to require BPU approval before major transmission builds
Summary
Committee members debated AB 5465, which would require electric utilities to obtain a certificate of public convenience and necessity (CPCN) from the Board of Public Utilities before undertaking transmission projects; supporters said it fills a regulatory gap, opponents urged reasonable review timetables.
The Assembly Telecommunications and Utilities Committee on June 25 discussed AB 5465, which would require electric public utilities to apply to the Board of Public Utilities for a certificate of public convenience and necessity (CPCN) prior to undertaking transmission projects in New Jersey. Proponents said the measure closes a regulatory gap and protects ratepayers from overbuilt or unnecessary transmission investments; critics warned about review timelines and the need for adequate hearing time.
Brian Littman, director of the Division of Rate Counsel, told the committee…
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