Requires electric public utilities and gas public utilities to implement or maintain public utility warranty programs that cover full cost to repair or replace covered appliances.

This bill requires New Jersey's electric and gas public utilities to offer warranty programs covering the full cost to repair or replace specific home appliances, including water heaters, HVAC systems, refrigerators, and stoves. It directly affects utilities (not end-users), mandating they implement or maintain these programs with full coverage for covered appliances. Utilities must notify customers via bill inserts every billing cycle for one year after the bill takes effect, explaining program details and how to switch from existing contracts. The bill also prohibits utilities from passing implementation costs to customers through rate increases. The program applies to all contracts entered into after the effective date.