Enacts the "energy assessment cap and consumer cost relief act" to limit surcharge increases and direct studies on environmental and energy law costs.
The bill, known as the "energy assessment cap and consumer cost relief act," limits increases in surcharges on system benefit charges and renewable and energy efficiency portfolio standards. It mandates studies on the costs associated with environmental and energy laws and the value of utility gas infrastructure discontinued due to such laws. The bill also imposes a five-year moratorium on new surcharges, taxes, fees, and cost-bearing regulations based on these studies.
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