Assembly Telecommunications and Utilities Wednesday, October 02, 2024 - 11:00 AM

Assembly Telecommunications and Utilities Committee · October 2, 2024

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Opening, pledge, quorum, purpose

Presentation

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Chairman D'Angelo opened the hearing, led pledge and moment of silence, confirmed a quorum and framed the meeting: statewide electric costs and the need to discuss generation, distribution, and future demand (EVs, heat pumps, data centers). He gave rough generation mix figures and previewed witnesses to testify (BPU, PJM, 4 utilities).

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Assembly Telecommunications and Utilities Committee convened a public hearing on rising electric bills, hearing testimony from the Board of Public Utilities, PJM, four investor-owned utilities, labor and consumer advocates about causes (higher summer usage, market/auction price spikes, retiring generators), relief measures and possible legislative responses.

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Transcript

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