The bill, known as the "Know Your Rates Act," aims to amend the Public Utility Regulatory Policies Act of 1978. It requires electric and gas utilities to provide more detailed information to consumers about their energy usage. Electric and gas companies that receive federal funding must tell...
Simple Explanation
The "Know Your Rates Act" is a plan to help people see exactly how much electricity or gas they use and how much it costs, so they can keep track of their bills and not be surprised. It lets people choose to get alerts if their bills get too high, but it may be a bit tricky for utility companies to handle all these requests.