2023 -- H 6409 ======== LC002991 ======== S TATE OF RHODE IS LAND IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 2023 ____________ A N A C T RELATING TO PUBLIC UTILITIES AND CARRIERS -- REGULATORY POWERS OF ADMINISTRATION Introduced By: Representatives Serpa, Phillips, Lima, P. Morgan, and Cardillo Date Introduced: May 17, 2023 Referred To: House Corporations It is enacted by the General Assembly as follows: SECTION 1. Chapter 39-3 of the General Laws entitled "Regulatory Powers of 1 Administration" is hereby amended by adding thereto the following section: 2 39-3-37.4. Electric and gas meter reading required quarterly. 3 (a) Every electric and natural gas distribution public utility shall read, record and update 4 utility billing on quarterly scheduled intervals. Bills shall be forwarded promptly. 5 (b) A utility company which estimates bills shall file with the PUC a current, simple, clear 6 and concise statement of their formula used in preparing estimated bills. 7 (1) Estimated bills for ratepayers shall consist of charges for utility services calculated in 8 accordance with the formula approved by the PUC. 9 (2) Estimated bills may be submitted to ratepayers for months when the quarterly reading 10 is not scheduled or conducted. 11 (c) In the event the utility fails to read the meter on a quarterly basis, they shall not demand, 12 collect or require payment of any balance in excess of the amount required by the prior estimated 13 monthly bills. Any amount otherwise due for use in excess of the estimated monthly bill shall be 14 forfeited for any period in which electric or natural gas distribution utility failed to read the 15 ratepayer's meter. 16 LC002991 - Page 2 of 3 SECTION 2. This act shall take effect upon passage. 1 ======== LC002991 ======== LC002991 - Page 3 of 3 EXPLANATION BY THE LEGISLATIVE COUNCIL OF A N A C T RELATING TO PUBLIC UTILITIES AND CARRIERS -- REGULATORY POWERS OF ADMINISTRATION *** This act would require a utility company to read the meters of all ratepayers on a quarterly 1 basis. The utility is required to provide a formula to the PUC in order to send estimated bills. 2 This act would take effect upon passage. 3 ======== LC002991 ========