The resolution expresses a lack of confidence in the New Jersey Board of Public Utilities (BPU) due to its failure to effectively regulate energy costs and ensure affordable utility services for residents. The BPU is responsible for overseeing the generation, transmission, and distribution of energy in the state, but under its current policies, New Jersey has shifted from being a net exporter to a net importer of electricity. As a result, electricity prices for residents are significantly higher than the national average, with an expected increase of 17 to 20 percent in June 2025 following the certification of the Basic Generation Service auction results by the BPU.
The resolution highlights concerns regarding the BPU's approach to energy policy, including its prioritization of green energy initiatives over the affordability of energy for ratepayers. Statements from BPU commissioners indicate a dismissive attitude towards dissenting opinions and a lack of effective long-term solutions to rising energy costs. Consequently, the General Assembly has concluded that it can no longer trust the BPU to provide New Jersey residents with affordable energy or to mitigate the impacts of increasing utility prices.