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BPU opens docket to consider pausing electric rate proceedings and authorizes modernization study RFQ
Summary
The Board of Public Utilities opened a public docket to consider pausing or modifying schedules for proceedings seeking electric rate increases under Gov. Sherrill's Executive Order 1 and authorized a consultant RFQ to support a board-mandated modernization study due by July 19, 2026.
The New Jersey Board of Public Utilities on Feb. 18 opened a public docket to implement a provision of Governor Sherrill's Executive Order 1 directing the board to consider a pause, abeyance or modification of schedules governing proceedings in which electric distribution utilities seek approvals for rate increases or cost recoveries.
President Guilford Sodovey said staff will open the docket to provide an opportunity for public…
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