Requires electric and gas public utilities de-privatization study; appropriates $100,000.

This bill requires New Jersey's Division of Rate Counsel to hire an independent third party to study whether publicly owning or jointly operating electric and gas utilities (like those serving homes and businesses) would be feasible and cost-effective. The study must analyze options such as state agencies taking over utilities or partnering with current providers, including impacts on costs for ratepayers, service quality, environmental effects, and potential savings from clean energy programs. It mandates that utilities and public entities cooperate with the study and requires a report with recommendations to the Governor and Legislature within one year. The state appropriates $100,000 from the General Fund to cover the study costs. This is a procedural study, not a direct policy change, and would inform future legislative or executive actions.