Requires electric public utilities to submit transmission project proposal to BPU for approval.

This bill (A5058) requires New Jersey electric public utilities to submit transmission project proposals to the Board of Public Utilities (BPU) for approval before starting new transmission lines or modifying existing ones. Utilities must include details on environmental impacts, all project costs, how the project meets a public need (like improved reliability or lower consumer costs), and cheaper alternatives. The BPU has 90 days to review and decide if the project is reasonable, in the public interest, and cost-effective, requiring approval if it meets these criteria. The bill applies to all utilities that transmit electricity to end users within New Jersey.