This bill would require the Public Utilities Commission (PUC) to submit biennial updates to the Legislature following its initial December 2026 report on residential energy cost tracking, evaluating the implementation, impact, and usage of the framework—including specific instances where it was applied to assess utility requests for cost recovery or revenue adjustments. While existing law already mandates the PUC to develop this framework (in consultation with the Energy Commission) to analyze household energy costs and consider utility proposals in light of affordability goals, the bill ensures ongoing legislative oversight by requiring regular progress reports on how the framework is being utilized in regulatory decisions.