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Committee releases A4624 after extended testimony on demand-charge relief and BPU role

Transportation and Independent Authorities Committee · September 19, 2024
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Summary

A4624 would require utilities to file tariffs for fast-charging commercial customers and create alternatives to demand charges; the committee released the measure after substantial testimony from utilities, industry and advocates about rate design and regulatory authority.

Assembly Bill 4624 (as amended) would require electric public utilities to submit new tariffs for commercial customers that operate fast EV chargers and would regulate non-volumetric fees charged to operators of fast-charging equipment. Sponsor remarks framed demand charges as a major financial barrier to private investment in DC fast chargers (DCFCs), noting that a single charging session can trigger a demand charge and sharply raise operating costs for…

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