AN ACT REQUIRING A STUDY OF THE FEASIBILITY OF REDUCING THE TIME TO SWITCH ELECTRIC SUPPLIERS.

SB 242 requires the Consumer Counsel to study whether electric customers could switch providers within 3 business days of notifying their utility, with the change reflected on their next bill. The study must consider input from electric distribution companies and be completed by January 15, 2027, for the legislature. This bill does not change current switching rules but assesses the feasibility of faster transitions for consumers. It directly affects electricity customers seeking to switch providers and the utilities managing those transitions.