S 4765 New Jersey Senate · 2024-2025 Regular Session

Suspends sales and use tax and societal benefits charge on electric and gas public utility bills during one year period beginning January 1, 2026 and ending December 31, 2026.

This bill suspends two specific charges on residential and business electric and gas utility bills for the entire year of 2026 (January 1-December 31, 2026). It eliminates the state sales and use tax and the societal benefits charge (which funds clean energy programs and energy assistance) on these bills. The average residential customer would save $170-$233 on electricity bills and $178-$308 on gas bills during this period. The suspension expires on January 1, 2027, and does not affect other utility fees or taxes.
Bill status in committee 1 of 4 stages cleared
Introduction
Oct 2025
Committee Review
Floor Vote
Governor
Introduced Oct 27, 2025 Last action Oct 27, 2025
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Oct 27, 2025
Introduced
Introduced in the Senate, Referred to Senate Environment and Energy Committee
upper
2 primary · 2 co-sponsors

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