New Jersey § 48:2-21

Full text of New Jersey New Jersey Statutes § 48:2-21, with citation guidance and answers to common questions.

§ 48:2-21.

a. The board shall, within 180 days of the effective date of P.L.2011, c. 219 ( C.48:2-21.37 et seq. ), establish criteria for fixing rates associated with the assessment and imposition

of standby charges, and shall require electric public utilities to file tariff rates

with the board in accordance with such criteria. b. In establishing such criteria, the board shall ensure equity between distributed

generation customers and other electric public utility customers with regard to the

imposition of standby charges and, in addition to any factors it deems relevant and

such factors as it may consider pursuant to R.S.48:2-21 , consider the following factors: (1) any findings of the study conducted by the board pursuant to section 2 of P.L.2011, c. 219 ( C.48:2-21.38 ); (2) the impact of demand charges and how they drive the operating performance of projects

utilizing distributed generation, particularly during peak electricity demand periods;

and (3) the economic and environmental benefits the board finds are associated with distributed

generation. c. In establishing the criteria for fixing rates pursuant to subsection b. of this section, the board shall assess the feasibility of including guidelines

for the allowance of special discounted charges for distributed generation customers

as part of the criteria. In making such assessment, the board shall consider cost savings to electric public

utilities resulting from distributed generation and any other benefits associated

with distributed generation, including, but not limited to, any increase in energy

efficiency and any associated decrease in demand for electric power from the electric

grid.

Frequently Asked Questions About New Jersey § 48:2-21

What does New Jersey Statutes § 48:2-21 cover?

Section 48:2-21 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite New Jersey § 48:2-21?

A common citation format is "New Jersey Statutes § 48:2-21" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of New Jersey law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.

How does New Jersey § 48:2-21 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.