S728 — Requires BPU to determine and consider lowest reasonable return on equity before approving electric, gas, and water public utility base rate cases.

S728 — Requires BPU to determine and consider lowest reasonable return on equity before approving electric, gas, and water public utility base rate cases. · Informed CitizenrySenate Bill 728 changes how the Board of Public Utilities (BPU) reviews major rates for electric, gas, and water utilities in New Jersey. Currently, when a utility asks to change its basic service…Open in Informed Citizenry