Exempts purchases of natural gas and electricity for residential customers from sales and use tax during coldest months of year.

This bill exempts residential customers in New Jersey from paying state sales and use tax on natural gas and electricity purchases during the coldest months of the year (December 1 through April 15). Public utilities must deduct the tax amount from customers' monthly bills during this period. The policy directly affects homeowners and renters who use these utilities, aiming to provide relief amid rising energy costs - following recent rate hikes of 15-25% by gas providers. Implementation requires the Division of Taxation to create rules for enforcement, with the exemption taking effect immediately upon passage.