The bill mandates a conference led by the Federal Energy Regulatory Commission, in collaboration with various stakeholders including the Department of Energy and public utilities, to address increased energy costs caused by large loads like AI data centers. The conference aims to devise strategies and rate structures to shield residential and small commercial ratepayers from these rising costs. Additionally, the Commission is required to submit a report with recommendations and best practices to the relevant congressional committees within 180 days of the conference's conclusion. The bill primarily focuses on mitigating the impact of large energy-consuming facilities on consumer energy costs.