"Efficient Energy Use Act"; requires certain public utilities to offer time-varying rates.

Summary

The bill directs the state Board of Public Utilities to make electric companies create rate plans that change price by time of day. Home customers with smart meters could choose to pay these rates, and utilities must notify them when the plans are available. The board also must report on enrollment and impacts within a year.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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