HB1843 establishes a rate cap for senior citizen utility customers in Tennessee, effective January 1, 2027.
HB1843 amends Tennessee Code to create a rate cap for electric, water, wastewater, and natural gas services for senior citizen customers, defined as those aged 65 and older. Starting January 1, 2027, utilities cannot increase rates for these customers without the Tennessee Public Utilities Commission's approval. Utilities must inform customers about the rate cap through bill inserts, mailings, or electronic means. The Tennessee Public Utilities Commission will enforce this provision and establish an age verification process for customers to qualify for the rate cap.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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