This bill mandates that electric public utilities in New Jersey submit an annual report to the Board of Public Utilities (BPU) detailing their recorded votes at meetings of PJM Interconnection, L.L.C. (PJM). The report, due by February 1 each year, must include a list of recorded votes cast by the utility and its affiliates, a brief description of the meeting's purpose and agenda, and an explanation of how each vote aligns with the state's goals for affordable, reliable, and sustainable electricity. The bill also defines key terms such as "meeting" and "recorded vote" to ensure clarity in reporting requirements.

Additionally, the BPU is tasked with summarizing the information received from the utilities in an annual report to the Governor and the Legislature. The intent of the bill is to enhance accountability and transparency regarding the voting practices of electric public utilities, particularly in relation to decisions that impact ratepayer funds. By making these voting records public, the bill aims to ensure that the actions of electric public utilities are subject to oversight and scrutiny, thereby serving the public interest.