Requires the following corporations to disclose on each billing statement the rates of state and local taxes imposed on the corporation with respect to the billed services, if any, and also disclose the amount of any taxes to be paid directly by the customer or taxpayer through the billing statement: Metropolitan municipal corporations; public utility districts; diking, draining, and sewerage improvement districts; solid waste collection districts; solid waste disposal districts; water-sewer districts; and cities or towns operating as a municipal utility.

Requires an electric utility to: (1) Provide written or electronic notice of public hearings where changes in electricity rates will be considered or approved by the commission or governing body; and

(2) Disclose on each billing statement the rate of tax imposed upon the electric utility, if any, and the amount of tax to be paid directly by the retail electric customer through the billing statement.