Assembly Bill 785 establishes a percentage of income payment program for electricity and gas services, aimed at assisting severely energy burdened and energy burdened households in Wisconsin. The bill mandates that the Public Service Commission (PSC) ensure that the monthly cost of these utilities does not exceed 2% of the household's annual income divided by 12. It defines a severely energy burdened household as one where monthly utility bills equal 4% or more of the household's annual income, or where there is no annual income. The PSC is required to automatically enroll eligible households in the program and actively promote participation, particularly in communities with high rates of energy burden.

Additionally, the bill prohibits public utilities from disconnecting service for nonpayment to residential units with a gross annual income not exceeding 300% of federal poverty guidelines. It requires utilities to report disconnections to the PSC, which must summarize these reports and publish them online. The bill also creates an energy burden relief fund, funded by gross revenues from public utilities, to support the percentage of income payment program. The PSC is tasked with submitting an annual report to the governor and legislature detailing the program's administration, financial status, and any barriers to participation.