This bill mandates the New Jersey Board of Public Utilities (BPU) to establish standards for the use of customer energy usage data (CEUD) collected through advanced metering infrastructure (AMI) by electric public utilities. It asserts that customers have full ownership and control over their CEUD, which can only be disclosed to authorized third parties with the customer's informed consent. The bill outlines that electric public utilities must use CEUD solely for providing utility services and must adopt a data access plan that includes standardized privacy requirements. These requirements will ensure the protection of CEUD from unauthorized disclosure, mandate notifications in case of breaches, and facilitate customer access to their data in a machine-readable format.

Furthermore, the bill requires the BPU to implement these privacy standards within 90 days of its effective date and to review and approve data access plans submitted by electric public utilities within 30 days. The plans must ensure that customers have timely access to their CEUD, provide necessary information for informed consent, and include provisions for improving the reliability of electricity distribution and achieving clean energy goals. The bill also clarifies that utilities can use anonymized data for analysis and reporting, and it does not restrict customers from independently sharing their CEUD with third parties not governed by the bill's provisions.