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BPU approves audits, AMI data rule proposal, PSE&G rate stipulation and energy incentives

Board of Public Utilities · July 17, 2025
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Summary

At its July 16 meeting the Board of Public Utilities accepted multiple audits and recommended actions, approved AMI data access rule publication, approved a PSE&G gas rate stipulation (about $49.4M revenue requirement; $1.91 monthly winter bill increase), and authorized energy-efficiency incentives including $1,483,543.95 for Passaic Valley Sewerage Commission.

The New Jersey Board of Public Utilities on July 16 approved a package of staff-recommended items including acceptance of audit filings, an AMI data-access rule proposal, a PSE&G gas rate stipulation and several energy-efficiency items.

Staff presented a number of audits and related staff recommendations. The board accepted for filing a final audit report by Liberty Consulting Group containing approximately 105 recommendations and staff recommended a follow-on forensic audit to examine the impacts of a federal investigation on Jersey Central and ratepayers. Staff also recommended accepting the Sage Consulting LLC final audit report for Elizabethtown Gas, posting the report publicly and issuing a secretary’s letter requesting comments by Sept. 16, 2025; staff recommended releasing a $143,630.25 holdback pending acceptance of the final report.

On rulemaking, staff introduced a proposed AMI data access standard (NJAC 14:5-10) to govern collection, use and sharing of advanced meter data and recommended publication in the New Jersey Register. The board approved the rule proposal for publication.

On rates, staff said PSE&G’s update supported a revised revenue requirement of roughly $49.4 million; the presentation estimated a typical residential heating customer would experience a monthly winter bill increase of $1.91. The board voted to approve the stipulation and directed PSE&G to file revised tariffs prior to Aug. 1.

Energy program items approved included a Direct Install (DI) program pathway change to enable a trade-ally model for public-sector contracting units and a $1,483,543.95 incentive for the Passaic Valley Sewerage Commission for energy-efficiency upgrades. Commissioners noted the incentive’s long estimated payback period but approved the application.

The actions were taken by motion and roll-call votes; staff will post orders, updated tariffs and related materials on the BPU website.