Proposed Bill No. 319 aims to enhance consumer access to affordable electricity by implementing several key changes to current law. The bill proposes to eliminate the "Combined Public Benefits Charge" from electric bills for end-use customers of electric distribution companies. Additionally, it seeks to prohibit the Commissioner of Energy and Environmental Protection and electric distribution companies from entering into power purchase agreements that exceed 150% of the wholesale electricity price. The bill also redefines "Class I renewable energy source" to include electricity generated from hydropower and nuclear facilities, separates the Public Utilities Regulatory Authority from the Department of Energy and Environmental Protection, and eliminates incentive programs that increase electric demand, such as electric vehicle rebates.

Furthermore, the bill includes a provision to study methods for increasing the supply of natural gas in the state. These changes are intended to reduce energy costs and improve energy supply for consumers, reflecting a broader goal of enhancing energy affordability and accessibility.