Requires electric public utility to charge residential rate for service used by residential customer for electric vehicle charging at charging stations within certain designated parking spaces.

This bill requires electric utilities in New Jersey to charge residential electricity rates for service used by residential customers at electric vehicle (EV) charging stations located in designated parking spaces reserved for their exclusive use. It directly affects residential utility customers living in homes or planned developments (like condos or HOAs) who use EV chargers in their own designated parking spots. The key provision prevents utilities from charging higher commercial rates for this specific EV charging service, ensuring residential billing applies. It does not affect the ability of property developments to set their own prices for electricity sold through their EV charging equipment.