Directs certain unclaimed electric and gas utility deposits in Unclaimed Utility Deposits Trust Fund and societal charge revenues be paid to Statewide nonprofit energy assistance organizations designated by BPU.

This bill redirects 75% of unclaimed electric and gas utility deposits held in the Unclaimed Utility Deposits Trust Fund to nonprofit energy assistance organizations designated by the Board of Public Utilities (BPU). The funds must be used exclusively to prevent utility service terminations or restore service for low-income households. The remaining 25% stays in the trust fund for state claims and expenses. It affects households struggling with utility bills and nonprofit organizations providing energy assistance, without creating new programs but redirecting existing unclaimed funds.