New Jersey Administrative Code
Title 7 - ENVIRONMENTAL PROTECTION
Chapter 27E - GREENHOUSE GAS MONITORING AND REPORTING
Subchapter 1 - GENERAL PROVISIONS
Section 7:27E-1.3 - Adjustment of fees

1. Every five years, the fees shall be adjusted by the previous five-year cumulative inflation factor, rounded down to the next five-dollar increment. The Consumer Price Index, which is used to calculate the five-year cumulative inflation factor, shall be calculated using the Annual Average from the Annual Average Consumer Price Index, for All Urban Consumers (CPI-U): U.S. City Average, all items, index averages. This data is published annually by the U.S. Department of Labor and is available at http://www.bls.gov/cpi/tables/supplemental-files/home.htm.

2. The Recent CPI-U shall equal the most currently published Annual Average CPI-U before January 1 of the next five-year period at Table 1. The Base CPI-U shall equal the Annual Average CPI-U for the fifth year prior to the Recent CPI-U.

Table 1

The first period begins on June 21, 2022, and is less than five full calendar years.

3. If the inflation factor is a negative number, the fee shall remain unchanged.

4. The Department will publish a notice of administrative change announcing the adjustment and the amount of the adjusted fees in the New Jersey Register.

5. The adjusted fees shall be operative starting the first day of each five-year period stated at Table 1 above.