Prohibits electric and gas public utility residential rate increases during certain times of year; requires advance notice of certain rate increases.

This bill prohibits electric utilities from raising residential rates during summer (June 1-August 31) and gas utilities from raising rates during winter (January 1-March 31). It also requires utilities to send residential customers at least 30 days' advance notice via mail or email before any rate increase takes effect. The law directly affects New Jersey households that rely on electric or gas utilities for home energy. Key provisions include seasonal rate increase bans and mandatory notice requirements, aiming to protect consumers from unexpected cost spikes during peak usage periods. The bill takes immediate effect upon enactment.