The bill mandates the Department of Public Utilities (DPU) to provide an annual report to the Joint Committees on Telecommunications, Utilities, and Energy, and Public Safety and Homeland Security regarding natural gas leaks in the state's system. This report will detail the total number of Grade 1, Grade 2, and Grade 3 leaks, estimates for lost and unaccounted-for natural gas (LAUF) and methane emissions, as well as time and cost estimates for addressing the backlog of leaks. The 2023 report highlighted 22,531 leaks, with ongoing repairs and the need for infrastructure replacement being critical to mitigating risks associated with these leaks.

Additionally, the bill introduces provisions related to the Gas System Enhancement Plan (GSEP) Statute, which accelerates the replacement of leak-prone infrastructure. Gas distribution companies are required to submit annual plans with interim targets for reducing leak rates and replacing infrastructure, with penalties for non-compliance. The bill also modifies the definition of eligible infrastructure investment to encompass not only replacement but also retirement or improvement of existing infrastructure, thereby granting the DPU greater authority to enforce measures that address leak-prone pipes. This comprehensive approach aims to enhance public safety, service reliability, and environmental protection while aligning with the Commonwealth's climate goals.