An Act Repealing The Combined Public Benefits Charge And Requiring Legislative Approval For Any Future Combined Public Benefits Charge.
If enacted, HB 5402 would have a significant impact on state laws regarding consumer billing practices in the energy sector. By repealing the Combined Public Benefits Charge, the bill seeks to prevent utility companies from automatically including such charges in their billing structure without transparent legislative backing. This change emphasizes accountability and may lead to re-evaluation of how energy costs are structured for consumers.
House Bill 5402 proposes the repeal of the Combined Public Benefits Charge, a charge previously included in electric bills for end-use customers of electric distribution companies. The bill aims to eliminate this charge from consumer bills, arguing for more transparency in energy costs and consumer protection. In addition, any future implementation of a similar charge would require affirmative approval from the General Assembly, thereby increasing legislative oversight over energy-related charges affecting consumers.
There are concerns around the implications of this repeal on public benefit programs that rely on such funding. Advocates for maintaining the Combined Public Benefits Charge argue that it supports vital programs aimed at energy efficiency, renewable energy initiatives, and assistance to low-income households. The opposition raises questions about how these programs will be funded if the charge is repealed, potentially leading to reduced support for these critical services.