The proposed bill, General Assembly Proposed Bill No. 384, aims to amend current statutes regarding energy charges and incentives in the state. Key provisions include the suspension of the "Combined Public Benefits Charge," which encompasses various charges related to the Electric Vehicle Charging Program, for all end-use customers of electric distribution companies until a legislative review is conducted. Additionally, the bill 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.

Furthermore, the bill proposes the elimination of certain incentives for the development of zero-carbon energy sources unless these incentives are also made available for other forms of energy generation. Lastly, it emphasizes the need to increase the natural gas supply within the state. The bill reflects a shift in energy policy, focusing on cost control and a more balanced approach to energy generation incentives.