This bill aims to protect residential customers from rate increases imposed by electric and gas public utilities during specific seasonal periods. It prohibits electric public utility rate increases for residential customers during the summer months, from June 1 to August 31, and gas public utility rate increases during the winter months, from January 1 to March 31.

Additionally, the bill mandates that both electric and gas public utilities must provide at least 30 days' advance notice to residential customers before any rate increase takes effect. This notice can be delivered via mail or electronic mail, ensuring that customers are adequately informed of any changes to their rates. The bill is set to take effect immediately upon passage.