SC H5439

Establishes the "South Carolina Electric Retail Choice Act" allowing residential and small commercial customers to choose their electric generation supplier beginning January 1, 2028

Requires competitive electric generation suppliers to obtain a license from the Public Service Commission before providing service

Provides consumer protections including clear disclosure of rates, terms, and environmental attributes, plus a seven-day rescission period for contracts without penalty

Mandates electric distribution companies provide nondiscriminatory wires access to all licensed suppliers while maintaining reliability and offering consolidated billing

Requires the Public Service Commission to promulgate regulations within eighteen months covering supplier licensing, consumer protections, billing protocols, and stranded cost recovery mechanisms