The Know Your Rates Act requires electric and gas utilities that receive federal funding to provide consumers with detailed information about their energy usage and bills. Specifically, utilities must include in each monthly bill the difference in charges compared to the previous month and average monthly consumption in both dollars and physical units (kilowatt-hours for electricity, therms for gas). Additionally, utilities must notify consumers on the 10th and 20th days of each billing period if their average daily consumption exceeds the previous period's usage, and must offer consumers an optional alert service when their bill reaches a customer-selected dollar amount. The bill amends the Public Utility Regulatory Policies Act of 1978 and applies to utilities receiving federal funding as determined by the Federal Energy Regulatory Commission, though it contains no specific funding authorization or implementation deadline.
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