Enacts the utility transparency and fair billing protection act to prevent consumers from being overcharged due to misclassified utility rates.

The utility transparency and fair billing protection act mandates proactive account reviews by utility companies to identify misclassified rates, especially for customers with increased usage or service changes. It requires automatic adjustments to correct billing rates and provides for retroactive refunds for up to six years without the need for customer action. The act also ensures clear communication between utilities and customers, including annual reports on account reviews and rate adjustments, and educational materials on identifying billing errors.

Enacts the utility transparency and fair billing protection act to prevent consumers from being overcharged due to misclassified utility rates.

The utility transparency and fair billing protection act mandates proactive account reviews by utility companies to identify misclassified rates, especially for customers with increased usage or service changes. It requires automatic adjustments to correct billing rates and provides for retroactive refunds for up to six years without the need for customer action. The act also ensures clear communication between utilities and customers, including annual reports on account reviews and rate adjustments, and educational materials on identifying billing errors.