N.J. Admin. Code § 14:4-7.12

Current through Register Vol. 56, No. 9, May 6, 2024

Section 14:4-7.12 - Fixed rates

(a) If a TPS signs up a customer or renews a customer for a rate that the TPS characterizes as "fixed" or "firm," or the TPS uses other language to describe the rate as not variable:

1. The TPS must provide the time period for which the rate is fixed in that communication; and

2. The TPS may not charge the customer a rate that is higher than the fixed rate during the period for which it is fixed, except as permitted in 14:4-7.6 (l), without the customer's affirmative consent.

N.J. Admin. Code § 14:4-7.12

New Rule, R.2013 d.067, effective 4/15/2013.
See: 44 N.J.R. 1589(a), 45 N.J.R. 934(b).