Prohibits certain electric public utility rate increases and requires certain protections for ratepayers.

This bill prohibits New Jersey electric utilities from raising rates specifically to cover smart meter installation costs. It requires utilities to publicly disclose rate increase details - including amount, date, reasons, and expected bill impact - 30 days before and after any increase, with potential fines for noncompliance. For rate hikes causing a 5% or greater average bill increase, utilities must report to the federal Department of Energy 60 days in advance and provide annual reports on service interruptions and overdue bills. Additionally, utilities cannot disconnect service or charge late fees for six months following such significant rate increases. These provisions directly affect ratepayers and electric utilities operating in New Jersey.