Requires electric public utilities and gas public utilities to implement or maintain public utility warranty programs that cover full cost to repair or replace covered appliances.

This bill requires New Jersey's electric and gas public utilities to implement or maintain warranty programs covering the full repair or replacement cost for common household appliances like furnaces, water heaters, HVAC systems, refrigerators, and stoves. Utilities must notify customers about the program via bill inserts every billing cycle for one year, explaining coverage details and how to switch from existing programs. The bill also prohibits utilities from passing these program costs to customers through rate increases, as the state's Board of Public Utilities cannot approve such rate changes.