A4716 — Prohibits BPU approval of electric or gas public utility rate increases resulting in total increase to average residential customer bill in excess of two percent within five-year period.

A4716 — Prohibits BPU approval of electric or gas public utility rate increases resulting in total increase to average residential customer bill in excess of two percent within five-year period. · Informed CitizenryThis legislation aims to protect New Jersey residents from potentially large and rapid increases in their utility bills. Specifically, it prohibits the Board of Public Utilities (BPU) from approvin…Open in Informed Citizenry