Requires electric public utilities to apply to BPU for certificate of public convenience and necessity prior to undertaking transmission project.

This bill requires electric utilities in New Jersey to obtain BPU approval (a "certificate of public convenience and necessity") before starting new transmission lines or modifying existing ones. Utilities must submit applications including necessary information and pay a fee, with the BPU required to rule within 150 days (extendable by 75 days). The BPU must approve only if the project is necessary for reliable service at lowest cost, the utility can manage construction well, and financing won’t harm customers. It excludes projects already approved by PJM Interconnection through their standard process. The bill directly affects electric utilities planning grid upgrades.