SB1769 amends Tennessee utility laws to establish a rate cap for senior citizen customers and requires utilities to notify customers of this cap.
SB1769 amends Tennessee utility laws to establish a rate cap for senior citizen customers, defined as those aged 65 or older. Utilities must notify customers of this cap through bill inserts, separate mailings, or electronic means for those using electronic billing. Utilities failing to comply face sanctions from the Tennessee Public Utilities Commission. The commission will establish an age verification process for customers to notify utilities of their eligibility for the rate cap. The act takes effect upon becoming law, with the rate cap applying from January 1, 2027.
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