Relates to the establishment of reduced residential rates for electric and natural gas service to low-income customers

This bill requires electric and gas utilities to establish and maintain reduced residential rates (25-35% lower) for low-income customers. It directly affects low-income households receiving benefits from programs like SSI, SNAP, LIHEAP, or TANF, and mandates utilities to simplify enrollment through data sharing with social services agencies. Utilities must cover the revenue loss from these discounts using existing funds (like uncommitted surcharge revenues or disallowed bonuses) instead of raising rates for other customers. The law requires all eligible customers to be enrolled by January 1, 2027, with utilities providing clear application information at service setup and on bills.