New Jersey legislation · 2026-2027 Regular Session
New Jersey S4052: Public Utility Rate Stabilization Act-employ alternative ratemaking mechanisms
Status: In committee, October 8, 2026
"Public Utility Rate Stabilization Act"; permits gas and electric public utilities to employ alternative ratemaking mechanisms.
What the bill says
An Act concerning public utility ratemaking practices, designated as the Public Utility Rate Stabilization Act, and supplementing Title 48 of the Revised Statutes.
From the introduced text, March 23, 2026:
An Act concerning public utility ratemaking practices, designated as the Public Utility Rate Stabilization Act, and supplementing Title 48 of the Revised Statutes. Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1. As used in P.L. , c. (C. ) (pending before the Legislature as this bill): Alternative ratemaking mechanism means a ratemaking mechanism in an alternative ratemaking plan and may include, but is not limited to, a performance-based rate, a formula rate, a multi-year rate plan, an earnings-sharing mechanism, a decoupling mechanism, or any other ratemaking mechanism authorized by the board. Alternative ratemaking plan means a plan that implements one or more alternative ratemaking mechanisms to be used in addition to or in place of the ratemaking process established pursuant to R.S.48:2-21, R.S.48:2-21.1, or any other provision of law, rules, regulations, or orders. Base rate case means an open, public hearing before the board to consider a filing by a gas public utility or an electric public utility for a change in base rates, which includes an analysis of the gas public utilitys or electric public utilitys income statement and balance sheet for the purpose of determining the level of revenues necessary to afford the gas public utility or electric public utility an opportunity to earn a fair and reasonable rate of …
Sponsors
- John J. Burzichelli (D, 3) · primary sponsor
- Paul A. Sarlo (D, 36) · primary sponsor
- Vin Gopal (D, 11)
- Nilsa I. Cruz-Perez (D, 5)
Latest actions
- : REF SBA
- : REP 2RS
- : INT 1RS REF SEG
Votes
- Senate Economic Growth Committee: Reported favorably (October 8, 2026): 3 yea, 0 nay, passed
Subjects: PUBLIC UTILITIES
Common questions
- What is S4052?
- S4052 is a bill in the New Jersey Legislature (2026-2027 Regular Session): Public Utility Rate Stabilization Act-employ alternative ratemaking mechanisms.
- What does S4052 do?
- In its own words: An Act concerning public utility ratemaking practices, designated as the Public Utility Rate Stabilization Act, and supplementing Title 48 of the Revised Statutes.
- What is the status of S4052?
- In committee as of October 8, 2026. Latest action: REF SBA (October 8, 2026).
- Who sponsored S4052?
- John J. Burzichelli (D, 3), with 3 co-sponsors.
- Where is the official record for S4052?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/S4052
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.