The bill establishes a new program called "Energy Bill Watch" for electric and gas public utilities in New Jersey that utilize smart meters to measure customer usage. Within 90 days of the bill's effective date, these utilities are required to notify customers of their electricity or gas usage and associated costs at specific intervals during each billing cycle. Notifications will be sent via text message or email, depending on whether the utility has the customer's mobile number. Customers will also have the option to set a threshold for notifications and receive comparative usage data from previous billing cycles.

Additionally, the bill mandates that utilities include specific information in customer bills, such as the dollar amounts charged in the previous and current billing cycles, as well as the difference between them. All smart meter customers will be automatically enrolled in the Energy Bill Watch program, and utilities must promote the program through various channels, ensuring customers are informed about their options to customize notifications or opt out. The act is set to take effect immediately upon approval.