Senate Bill No. [insert bill number] aims to enhance transparency in energy economics for consumers in Montana by requiring investor-owned utilities and public utilities to provide detailed information about energy costs and sources. The bill introduces the "Montana Transparency in Energy Economics Act," which mandates the creation of a user-friendly energy dashboard by investor-owned utilities by June 1, 2026. This dashboard will offer real-time data on operating costs, energy generation resources, and pricing, allowing consumers to better understand the factors influencing their electricity bills. Additionally, public utilities are required to deliver a quarterly power source disclosure that outlines the sources of power consumed, their associated costs, and the technology types contributing to the utility's resource portfolio.

The bill includes several new definitions relevant to the energy sector, such as "energy dashboard," "load-serving entities," and "public utility," to clarify the terms used throughout the legislation. It also establishes specific reporting requirements for both investor-owned and public utilities, ensuring that consumers receive comprehensive and transparent information about their energy consumption and costs. The act is set to take effect on June 1, 2026, providing a timeline for utilities to comply with these new transparency measures.