Establishes uniform rates for water and sewer services for residential use based exclusively on metered consumption.

This bill requires New Jersey water and sewer authorities to charge residential customers based solely on metered water consumption, rather than factors like household size, number of fixtures, or property type. It allows for tiered rate structures where customers pay different rates based on their total water usage within a billing cycle. The bill specifically exempts residential customers with separate outdoor water accounts from sewer charges related to outdoor water use. This applies to all municipal water and sewer authorities and takes effect immediately, though entities without existing meters must implement it within four years.