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

This bill prohibits electric and gas public utilities from charging residents in multi-unit dwellings (like apartments or condos) more than the actual cost of their electricity or gas usage for a billing cycle when they opt out of smart meter installation. It specifically bans utilities from imposing meter-reading fees that exceed the cost of the customer's actual utility consumption. The law applies to residential customers in multi-unit buildings who choose manual meter readings instead of smart meters, ensuring fees directly match usage costs. The bill takes immediate effect upon enactment.