"Electricity Bill Transparency Act"; requires electric utilities to separately list amounts of certain charges.

The Electricity Bill Transparency Act requires New Jersey electric utilities to separately list three specific charges on customer bills: the sales tax imposed by the Sales and Use Tax Act, the societal benefits charge, and clean energy charges. Utilities must also itemize how much of the societal benefits charge funds each specific program, such as energy efficiency initiatives or low-income assistance. This bill affects all residential and commercial electricity customers in New Jersey by making non-utility related charges more transparent on their bills. The policy change aims to help customers understand the breakdown of their electricity costs beyond the base service charge. This requirement applies to all electric utilities providing service in New Jersey.