This bill proposes to amend the Internal Revenue Code of 1986 by creating a new refundable tax credit for individuals to help alleviate the financial burden of energy costs for their primary residences. Designated as the Electricity and Gas Credit , it allows individuals to claim an amount equal to their qualified energy costs, up to a maximum of $350 per taxable year . Qualified energy costs encompass amounts paid directly to a utility for gas and electric service at the principal residence, or such costs included in rent for individuals leasing their primary residence. An income limitation is established, reducing the credit to zero for joint filers with a modified adjusted gross income exceeding $400,000 and for other individuals whose modified adjusted gross income surpasses $200,000. The legislation prevents double benefits by disallowing the credit if another deduction or credit is claimed for the same expense, and individuals claimed as dependents are ineligible. Lessors who include electricity or gas costs in rent are also required to provide annual receipts to both the Secretary and the individual detailing these energy expenses.