Vote to pass a bill that limits the ability of the Public Service Commission to implement inverted block rates for electric service.
Prohibits the Public Service Commission from implementing an inverted block rate structure for electric service, unless the Commission determines that a utility's actual costs justify an inverted block rate (Sec. 1).
Defines "inverted block rate structure" as a rate structure under which customers are charged progressively higher rates for successive increments of electricity usage in each billing cycle (Sec. 1).