Requires electric corporations and gas corporations to provide, as part of every billing statement, a tariff cost estimate in a clear, conspicuous and easily understandable manner
What changed between versions
Deleted the provision that strictly forbade electric and gas corporations from increasing charges to ratepayers due to international tariffs.
Added a mandate for utilities to include a 'tariff cost estimate' on every billing statement, clearly showing the portion of the bill attributable to federal or foreign tariffs.
Added a requirement to itemize delivery charges on bills, breaking them down into specific categories like executive compensation, repairs, depreciation, interest, taxes, and payments to parent companies.
Defined 'tariff cost estimate' to include all price increases resulting directly or indirectly from tariffs on imports or exports.
Authorized the Public Service Commission to create rules specifying the format and calculation methods for these new disclosures.