New Jersey A754 mandates public utilities to keep customer billing records for the account's lifetime and refund any overpayments in full.
New Jersey A754 requires public utilities to maintain detailed billing records for each customer for the entire duration of their account. This ensures that utilities can accurately compute billing histories in case of disputes. Additionally, the bill mandates that utilities refund customers in full, plus interest, for any overpayments made, in accordance with existing law. This act takes effect immediately upon enactment.
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