AN ACT PROHIBITING CERTAIN MERGERS OF UTILITY COMPANIES, DUAL OWNERSHIP OF GAS AND ELECTRIC UTILITIES AND DECEPTIVE FEES AND INCENTIVIZING THE ADOPTION OF ENERGY-EFFICIENT TECHNOLOGY.

SB 1105 prohibits certain utility company mergers and bans a single company from owning both gas and electric utilities. It requires utility companies to incentivize energy-efficient technology adoption and bans fees that discourage such adoption. The bill also prohibits deceptive fees charged to end-use utility customers and repeals provisions allowing utilities to claim priority when acquiring property. These changes directly affect utility companies and their customers by reshaping service structures and pricing. The bill aims to promote competition, transparency, and energy efficiency in the utility sector.