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, and it calls for the separation of the Public Utilities Regulatory Authority from the Department of Energy and Environmental Protection.

Furthermore, the bill intends to eliminate incentive programs that increase electric demand, such as electric vehicle rebate programs, and mandates a study on methods to increase the supply of natural gas in the state. These changes are designed to reduce energy costs and improve energy supply for consumers.