Concerns electric and gas public utility rate setting procedures and economic impact studies.

This bill prohibits New Jersey's Board of Public Utilities from approving rate increases by electric or gas utilities that use income-based pricing (charging lower-income customers less). It requires the Board to conduct an economic impact study reviewing how proposed rate changes affect customers under different billing schedules before approving any increase. The law directly affects utility companies and their customers, particularly households relying on income-graduated billing structures. Key provisions ban income-graduated fixed or volumetric charges while mandating detailed cost-benefit analyses for rate adjustments.