Bans residential rate hikes for electric and gas utilities during summer and winter; mandates advance notice of rate increases.
Prohibits electric and gas public utility residential rate increases during the summer, from June 1 through August 31, and during the winter, from January 1 through March 31. It also requires electric public utilities and gas public utilities to provide residential customers with at least 30 days advance notice of the rate increase via mail or electronic mail. The act aims to protect consumers from unexpected rate changes during peak usage periods.
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