"The Reliability, Preparedness, and Storm Response Act of 2020"; requires public utilities to file certain information concerning emergency preparedness with BPU and increases certain penalties.

The Reliability, Preparedness, and Storm Response Act of 2020 requires New Jersey's electric public utilities to annually submit three specific plans to the Board of Public Utilities (BPU) by May 15: a service reliability plan for quick power restoration during outages, an emergency communications plan for contacting customers and officials during crises, and a review of strategies to reduce flood risks at substations in flood zones. The BPU must review these plans and can order utilities to make changes if deficiencies are found, or impose penalties for failures that worsen outage durations or communication effectiveness. The bill increases penalties for non-compliance from $100 to $25,000 per violation (capped at $2 million for related events) and creates a fund using collected penalties to improve service quality, with costs not passed to ratepayers.