Requires electric public utility to install and operate smart meters and smart meter technology at customers' premises upon request and in new building construction.

New Jersey Assembly Bill A773 requires electric utilities to install smart meters and smart meter technology at customer locations upon request (with the customer covering costs) and in new building construction. Utilities must submit a plan to the Board of Public Utilities within 90 days detailing smart meter deployment and data access for third parties with customer consent. Within 24 months, utilities must propose time-of-use pricing plans for customers with smart meters, which customers may voluntarily adopt. Utilities can recover installation costs through regulated rate adjustments but cannot recover lost revenue from reduced electricity usage due to smart meter adoption. The bill directly affects residential and commercial customers who request smart meters or live in newly constructed buildings.