Requires electric public utility to install and operate smart meters and smart meter technology at customers' premises upon request and in new building construction.

This New Jersey bill requires electric utilities to install smart meters (devices that track real-time electricity usage) upon customer request (with the customer paying the installation cost) and in all new building construction. Utilities must submit installation plans to the Board of Public Utilities within 90 days, include provisions for customers to share their usage data with third parties (like energy providers), and offer time-of-use pricing options within 24 months. It directly affects residential and commercial customers who request smart meters and new building developers. The policy mandates specific data access and billing changes but does not require utilities to cover installation costs for existing customers.