The Electricity Bill Transparency Act mandates that electric public utilities in New Jersey must clearly itemize specific charges on customer electricity bills. This includes the amount of tax imposed by the Sales and Use Tax Act, the societal benefits charge, and any clean energy charges. The bill also requires that the societal benefits charge be itemized to show how much is allocated to each societal benefits program. This initiative aims to enhance transparency for customers regarding the various charges on their bills that are not directly related to the cost of electricity provision.

By requiring these disclosures, the bill seeks to inform customers about the non-utility related charges that contribute to funding various programs, which they may not directly utilize. The intent is to ensure that customers are fully aware of the components of their electricity bills, thereby promoting greater understanding and accountability in utility billing practices. The act will take effect six months following its enactment.

Statutes affected:
Introduced: 54:32B-14, 48:3-60