Requires electric public utility to reimburse cost of certain customer-owned electric service equipment if damage to equipment is due to weather event affecting electric public utility service.

This bill requires New Jersey electric utilities to fully reimburse residential customers for the cost of replacing specific customer-owned equipment (like weatherheads, meter bases, and fuse boxes) damaged by weather events that cause power outages. It applies when a weather-related event (e.g., storms, floods) damages the equipment - such as from a power surge - without customer fault, as determined by the Board of Public Utilities (BPU) after an investigation. The BPU must create rules to implement this reimbursement process, excluding interior home wiring. This directly affects homeowners who own the defined external equipment connecting their property to the utility grid.