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Current as of January 01, 2024 | Updated by Findlaw Staff
a. If a utility has a board-approved RESIC, the utility shall identify and list the amount owed by the customer, based on the RESIC rate calculated in accordance with section 7 of P.L.2023, c. 315 (C.48:19-35), separately on a customer's utility bill. The RESIC rate shall be reflected in bills issued on and after the effective date of the first RESIC filing and may be adjusted on the basis of subsequent RESIC filings, no more frequently than every six months, up to an amount not to exceed the RESIC-cap over the RESIC period.
b. A customer's bill shall reflect the RESIC rate calculated pursuant to paragraph (3) of subsection a. of section 7 of P.L.2023, c. 315 (C.48:19-35).
Cite this article: FindLaw.com - New Jersey Statutes Title 48. Public Utilities 48 § 19-36 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-48-public-utilities/nj-st-sect-48-19-36/
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