N.J. Stat. § 48:7-29: Transmission owner, membership required, regional transmission organization approved by Federal Energy Regulatory Commission; definitions.

2. a. As used in this section:

“Electric transmission facility” means an interconnected group of electric transmission lines and associated equipment for moving or transferring electric energy in bulk between points of supply and points at which it is transformed for delivery over the distribution system lines to consumers or is delivered to other electric systems.

“RTO” means an entity approved by the Federal Energy Regulatory Commission to serve as a regional transmission organization, independent system operator, or functionally similar entity.

“Transmission owner” means the owner or operator of an electric transmission facility.

b. Notwithstanding any law, rule, regulation, or order to the contrary, a transmission owner located in this State on or after the effective date of P.L.2026, c.33 (C.48:7-28 et seq.) shall be a member of, and transfer control of any electric transmission facilities that it owns or operates to, an RTO.

c. The Board of Public Utilities may adopt, pursuant to the “Administrative Procedure Act,” P.L.1968, c.410 (C.52:14B-1 et seq.), rules and regulations as may be necessary to implement this section.

L.2026, c.33, s.2.