Requires public utilities to mail customers detailed explanation of rate settlement agreements prior to final BPU vote.

This bill (S 596) requires New Jersey public utilities (like gas, electric, water, and sewer providers) to mail customers a detailed explanation of any proposed rate increase before the final vote by the Board of Public Utilities (BPU). The notification must include a clear justification for the settlement agreement that would raise individual rates, tolls, or charges. It directly affects customers in the service area impacted by the rate change. The bill takes immediate effect upon passage, aiming to increase transparency before rate adjustments are finalized.