{"data":{"id":"us-nj/n.j.-stat.-48-7-35","jurisdiction":"us-nj","citation":"N.J. Stat. § 48:7-35","heading":"Approval of certificate of public convenience and necessity application, other circumstances, post-notice, hearing.","body":"6. a. The Board of Public Utilities shall, after notice and hearing, approve an electric public utility’s application for a certificate of public convenience and necessity submitted pursuant to section 4 of P.L.2026, c.34 (C.48:7-33) that has not been approved pursuant to section 5 of P.L.2026, c.34 (C.48:7-34) if the board finds that:\n(1)\tthe supplemental project is necessary to provide safe, adequate, and reliable service to the utility’s customers and is a reasonable and cost-effective means of satisfying those service needs;\n(2)\tthe utility can efficiently manage and supervise the construction process and has taken sufficient action to ensure adequate and efficient construction and supervision of the construction; and\n(3)\tthe utility can finance the proposed construction without significant adverse financial consequences for the utility or its customers .\nb.\tIn determining whether the project is a reasonable and cost-effective means of meeting the requirements of paragraph (1) of subsection a. of this section, the board shall consider whether, and to what extent, the project:\n(1)\treduces energy and capacity prices for customers in the State, including the potential to reduce future price increases or price volatility;\n(2)\tenhances the reliability and resilience of the  utility’s transmission or distribution system;\n(3)\tfacilitates the connection of new load or generation resources to the electric grid;\n(4)\tprovides benefits to customers in the State, including, but not limited to, reduced line losses, reduced curtailment of energy generation resources, and reduced transmission congestion; and\n(5)\tis supported by the preponderance of the evidence in the utility’s justification submitted pursuant to paragraph (3) of subsection a. of section 4 of P.L.2026, c.34 (C.48:7-33) for any decision not to deploy ATTs.\nc.\tThe board shall issue an order with its determination regarding an application for a certificate submitted pursuant to section 4 of P.L.2026, c.34 (C.48:7-33) and reviewed under this section no later than 180 days after the submission of a completed application.  The board may extend this period by an additional period not to exceed 90 days.  The board may condition its approval of a certificate under this section on changes to the utility’s application that the board deems to be in the public interest.\nd.\tThe board shall confine its review of a supplemental project under this section to the enumerated criteria in subsections a. and b. of this section.  Nothing in this section shall authorize the board to conduct a siting review of the project.  The board shall not consider the environmental impacts of the project in the board’s determination under this section.\nL.2026, c.34, s.6.","path":["TITLE 48 PUBLIC UTILITIES"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2026, c.50, and J.R.1","vintage":"","retrieved_at":"2026-10-18T02:17:40Z","sha256":"78c3d6a4b71e4d65f25b828b3e0b4277f5931dcf84ad9544f8314319678a2559","source_id":"us-nj","stale":false,"prev":"us-nj/n.j.-stat.-48-7-34","next":"us-nj/n.j.-stat.-48-7-36"},"notice":"GroundRules: Original legal text. Not legal advice."}