Section 702. Application

1. Except as provided in subdivision two of this
  section, this chapter shall not apply to statements of accounts rendered
  to customers by public utilities whose billing practices are subject  to
  the jurisdiction and regulation of the public service commission.
    2.  Subject  to federal law and regulation, no creditor shall charge a
  consumer an additional rate or fee associated with payment on an account
  when the consumer chooses to pay by United States mail. This subdivision
  shall not be construed to prohibit a creditor from offering consumers  a
  credit or other incentive to elect a specific payment option.