This bill aims to prohibit electric and gas public utilities in New Jersey from maintaining or implementing a customer charge for residential customers. A customer charge is defined as a fixed fee that utilities assess to recover administrative costs related to account management, such as meter reading, billing, and service line maintenance. The bill specifies that this prohibition applies notwithstanding any existing laws, rules, or regulations.

The legislation is set to take effect immediately upon passage. By eliminating the customer charge for residential customers, the bill seeks to alleviate financial burdens on consumers and ensure that utility costs are more directly tied to actual consumption rather than fixed fees.