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 aims to enhance transparency for customers by ensuring they are informed about the various charges that contribute to their electricity bills, which may not be directly related to the cost of electricity itself.

Additionally, the bill requires that the societal benefits charge be itemized to show how much is allocated to each societal benefits program. This initiative is designed to raise awareness among customers regarding non-utility related charges that fund programs they may not utilize, thereby promoting greater understanding of their electricity costs. The act will take effect six months after its enactment.

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