Creates provisions for time-of-use rates

HB 1759 introduces a new pricing structure for electricity that charges customers different rates depending on the time of day and the amount of power they use. This change directly affects residential and commercial electricity consumers who must voluntarily choose to opt-in to this time-of-use pricing system before it applies to their accounts. The bill defines these rates as adjustments based on when electricity is consumed, allowing customers to potentially pay less during off-peak hours if they agree to the plan. By making participation optional, the legislation ensures that current standard billing methods remain in place unless a customer specifically selects the new variable pricing model.