Requires BPU to prohibit electric and gas public utilities from charging residential customers certain types of payments based on certain billing practices.

Summary

The bill directs the New Jersey Board of Public Utilities to require electric and gas utilities to provide equal‑payment plans for residential users and to forbid any lump‑sum payments or balance recoveries based on differences between forecasted and actual usage. It also bans the practice of underbilling, where customers are later charged the shortfall between an estimated bill and actual consumption. The goal is to protect households from unexpected, large utility charges.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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