The bill amends Chapter 39-1 of the General Laws concerning the Public Utilities Commission by introducing a new section, 39-1-64, which establishes a cap on energy distribution fees. Specifically, it prohibits public utilities, as defined in 39-1-2, from increasing transmission and distribution fees on consumer billing statements for a period of two years, commencing July 1, 2025, unless such an increase is approved by affirmative action of the General Assembly. Additionally, the bill exempts utilities with fewer than 7,500 utility accounts from this restriction. The act will take effect upon passage.