Bill

Bill > H7412


RI H7412

RI H7412
Requires a natural gas and electric utility company to read the meters of all ratepayers on a quarterly basis. The utility would be required to provide a formula, used to create estimated bills, to the PUC in order to send estimated bills.


summary

Introduced
01/30/2026
In Committee
01/30/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

This act would require a natural gas and electric utility company to read the meters of all ratepayers on a quarterly basis. The utility would be required to provide a formula, used to create estimated bills, to the PUC in order to send estimated bills. This act would take effect upon passage.

AI Summary

This bill mandates that electric and natural gas utility companies must read the meters of all their customers, referred to as "ratepayers," every three months, or quarterly. If a utility company needs to send an estimated bill because a meter reading isn't scheduled for that month, they must first submit the specific formula they use to calculate these estimated bills to the Public Utilities Commission (PUC), which is the regulatory body overseeing utilities. This formula must be clear and easy to understand. The bill also states that if a utility company fails to perform a quarterly meter reading, they cannot charge customers more than what was billed in the previous estimated bill for that period, and any additional charges for usage beyond the estimated amount will be waived. This new requirement will become law as soon as it is passed.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced, referred to House Corporations (on 01/30/2026)

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