Stop charging customers for offshore wind project costs
Official: A907 — Prohibits collecting of certain costs associated with offshore wind projects from ratepayers.
Reading: The bill prohibits collection of certain offshore wind project costs from ratepayers, which reduces the financial mechanisms supporting offshore wind deployment and thus narrows existing New Jersey offshore wind policy expansion.
The goal is to protect residential customers from paying extra fees on their electric bills for offshore wind development.
In clear language
This bill prevents electric utility companies from charging regular customers for certain costs related to offshore wind energy projects. Instead of spreading these costs to everyday ratepayers, the bill requires these expenses to be handled differently. The goal is to protect residential customers from paying extra fees on their electric bills for offshore wind development.
How does this affect you?
Pick the type of resident or organization you most identify with — we'll generate a plain-language breakdown of what changes for you and what you can do about it.
Who does this affect?
- New Jersey residents who pay electric bills
- Electric utility companies operating in New Jersey
- Offshore wind energy developers and project owners
- Businesses and industries that use large amounts of electricity
What can you do?
- Contact your state assembly representative to voice support or concerns about this bill
- Monitor your electric bills to understand what charges appear and ask your utility company to explain them
- Stay informed about offshore wind projects and energy costs in your area
Timeline
- 2026-01-13: Bill introduced and sent to Assembly Telecommunications and Utilities Committee
No New Jersey official has a verified action on this policy yet.
Related policies
- NJ LegislatureMay 7, 2026Local Control Over Offshore Wind Projects
This bill would reduce the special powers that the state's utilities agency (BPU) currently has to override local government decisions about offshore wind projects. Instead of the state being able to push through offshore wind development regardless of local concerns, towns and cities would have more say in whether these projects happen in their areas.
- NJ LegislatureMay 7, 2026Changes to Rules for Building Offshore Wind Projects in New Jersey
This bill would limit certain construction rights and property interests that developers currently have for offshore wind projects in New Jersey. It would also reduce the power that the Board of Public Utilities (BPU) has to override local government decisions about offshore wind development. The bill is currently being reviewed by the Assembly committee that handles telecommunications and utilities.
- NJ LegislatureFeb 24, 2026Offshore Wind Money Set Aside for Lower Electric Bills
This bill requires companies running offshore wind projects to set aside money in an escrow account that will go to New Jersey's Board of Public Utilities. That money will then be used to help reduce electricity bills for regular residents. The goal is to make sure that New Jersey families benefit directly from the profits generated by offshore wind energy projects.
- NJ LegislatureJan 13, 2026Using Offshore Wind Project Funds to Lower Electricity Bills for Residents
This bill requires companies building offshore wind projects in New Jersey to set aside money in escrow accounts that will be given to the state's utility regulator to help reduce costs for electricity customers. The goal is to use funds from these wind projects to provide relief on people's utility bills.