This bill mandates that retail electric suppliers must provide fair, reasonable, and nondiscriminatory rates and services to entities offering electric vehicle charging services. It specifically prohibits these suppliers from recovering any costs or expenses related to their electric vehicle charging stations through their electric rates. The bill defines key terms such as "electric vehicle," "fast charging station," and "retail electric supplier," and establishes that any retail electric supplier operating a fast charging station for public use must not create an unfair competitive advantage for their own services.

Additionally, the bill outlines that costs incurred by retail electric suppliers for the construction, installation, operation, or maintenance of fast charging stations cannot be included in their rate base. However, it exempts fast charging stations that were established before July 1, 2026, or those that are not accessible to the general public and are solely for the use of the retail electric supplier or its employees. The act will take effect upon its publication in the statute book.