Prohibits certain public utilities from charging residents of multi-unit dwellings meter-reading fees in certain circumstances.

This bill prohibits electric and gas utilities from charging residential customers in multi-unit dwellings (like apartments) a meter-reading fee that exceeds the actual cost of their electricity or gas usage for the billing period. It specifically targets fees charged to customers who opted out of smart meter installation and require manual meter readings. Utilities must cap these fees at the precise cost of the customer's usage, preventing overcharging for manual reading services. The law applies immediately upon enactment and defines key terms like "meter-reading fee" and "smart meter" in the bill text.