Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.

This bill requires New Jersey public utilities (gas, electric, water, and sewer providers) to mail detailed written explanations of proposed rate increase settlements to affected customers before the Board of Public Utilities (BPU) makes its final decision. The notification must include a clear justification for the proposed rate change. It applies specifically to settlements that would increase individual rates, tolls, charges, or service schedules. The bill aims to improve transparency for customers prior to rate adjustments. (Note: This is a procedural transparency measure, not a substantive rate change.)