Title
Annual Asset Management Teams (AMT) Presentation
Body
The Department of Public Utilities (DPU) held its Asset Management Governance Team Meeting on December 17, 2025. In this meeting, each of the seven asset management teams (AMTs) presented to the DPU management team a summary of ongoing issues, regulatory developments, market impacts, upcoming challenges, budget variances, upcoming capital budgets, and upcoming operational budget highlights. This meeting kicks off the budget preparation process. This year, staff will be presenting to BPU the budget for fiscal years 2027 and 2028 in February and March. Attachment A is a summary of the AMT's presentations. Staff will present a high-level summary of the AMT presentations and how these recommendations will flow up into the budget process.
The seven asset management teams are:
Electric Production
Electric Distribution
Gas Distribution
Water Distribution
Water Production / Non-Potable Water
Wastewater Collection
Wastewater Treatment
Attachments
A - 2025 Asset Management Team Presentation