The bill amends Chapter 39-1 of the General Laws, specifically adding a new section titled "39-1-33.1. Report on electrification." This new provision mandates that the Public Utilities Commission (PUC) produce an annual report by January 1, 2026, and each subsequent January 1. The report will analyze the electric grid's capacity to manage the electrification load necessary for powering vehicles, buildings, and home heating within the state. The findings of this report are to be submitted to the Speaker of the House, the Senate President, and the Governor.

This act is designed to ensure that the state is prepared for the increasing demand for electrification as it relates to transportation and energy use in buildings. The requirement for an annual report aims to provide ongoing oversight and assessment of the electric grid's capabilities, thereby facilitating informed decision-making regarding infrastructure and energy policy. The act will take effect immediately upon passage.