Utilities, Utility Districts - As introduced, prohibits a utility that provides electric, water, wastewater, or natural gas services from increasing the rate charged to customers who are 65 years of age or older upon notice that the customer qualifies for such rate cap pursuant to an age verification process established by the Tennessee public utilities commission (TPUC) by rule; requires notification to customers of the rate cap program within 90 days of a final rule; authorizes TPUC to promulgate a rule to develop an age verification and notification process. - Amends TCA Title 4; Title 7; Title 47, Chapter 18; Title 64; Title 65; Title 67 and Title 68.
Tennessee bill freezes utility rates for customers 65+ after age verification, requiring utilities to maintain existing rates and TPUC to establish verification procedures.