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

The "Electricity Bill Transparency Act" (S 4518) requires New Jersey electric utilities to separately list Sales and Use Tax, societal benefits charges, and clean energy charges on customer electricity bills. 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 change affects all electricity customers in New Jersey by making non-utility related charges more transparent on their bills. The bill does not alter the amount of these charges but requires clearer presentation of what customers are paying for. It aims to help customers understand charges that fund programs they may not directly use.