Prohibits electric and gas public utilities from collecting payment from residential budget billing plan customers whose service was interrupted as a result of major emergency event.

This bill prohibits electric and gas utilities in New Jersey from charging residential customers on budget billing plans for service during interruptions caused by major emergency events. It defines major emergencies as severe weather or disasters that affect at least five percent of customers or trigger a state or federal emergency declaration. The law requires utilities to waive charges for service periods when customers experience outages due to damage from these events, though they may still collect payment for services provided before the emergency began.