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 a certificate of public convenience and necessity from the Board of Public Utilities (BPU) before starting new transmission lines or modifying existing ones. It directly affects electric public utilities that transmit electricity within the state, excluding projects already approved by PJM Interconnection. Utilities must submit applications with required information and pay a fee, and the BPU must review them within 150 days (extendable by 75 days) to ensure projects are necessary, cost-effective, and financially feasible for customers. The BPU will then issue an order authorizing construction and setting completion timelines.