Senate Bill S.F. No. 1433 proposes new regulations requiring electric utilities to get explicit consent from their customers before enrolling them in time-of-use rate programs. Time-of-use rates vary the cost of electricity based on the time of day it is used. The bill mandates that utilities must create a specific consent form, which customers need to sign to opt into the program. This form should clearly inform the customer that participation is optional and opting out will not affect their current services. Additionally, the form must explain the details of the time-of-use program and state that signing is necessary for the required equipment to be installed for this billing method. The bill aims to ensure that customers are fully informed and agree willingly to such pricing changes.