The General Assembly Raised Bill No. 242 mandates the Consumer Counsel to conduct a study on the feasibility of expediting the process for consumers to switch electric suppliers. Specifically, the bill proposes that the switch should occur within three business days after a consumer notifies their electric distribution company and that the change should be reflected in the customer's bill during the next billing cycle. To assess this feasibility, the Consumer Counsel is required to gather written comments from each electric distribution company involved.

The bill is set to take effect on October 1, 2026, and the Consumer Counsel must submit a report detailing their findings to the relevant joint standing committee by January 15, 2027. The language of the bill includes new provisions regarding the study and its requirements, while there are no deletions from existing law noted in the text. The overall purpose of the bill is to streamline the process for consumers switching electric suppliers, potentially enhancing consumer choice and satisfaction.