This bill mandates that electric public utilities must obtain written consent from customers before installing advanced or smart energy meters. Additionally, utilities are required to provide a written disclosure to customers that outlines the type of data transmitted from the smart meter, how that data will be utilized, and any potential sharing of the data with third parties. The bill defines a smart meter as a device that offers detailed information on a customer's electricity consumption, including real-time usage and pricing data, and has the capability to remotely connect or disconnect service.

The legislation aims to address privacy concerns associated with smart meter technology, which can reveal sensitive information about a homeowner's activities and presence at their residence. By ensuring that customers are informed about the privacy implications of smart meters before installation, the bill seeks to enhance consumer protection and transparency in the use of this technology. The act will take effect 90 days after its enactment.