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119th CONGRESS
1st Session |
To amend the Public Utility Regulatory Policies Act of 1978 to require States to consider measures that limit the amount of retail utility rate increases a utility company can request to once every 365 days.
Mr. Harder of California introduced the following bill; which was referred to the Committee on Energy and Commerce
To amend the Public Utility Regulatory Policies Act of 1978 to require States to consider measures that limit the amount of retail utility rate increases a utility company can request to once every 365 days.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Stop the Rate Hikes Act”.
SEC. 2. Consideration of measures to cap retail utility rate increases to once a year.
Section 111(d) of the Public Utility Regulatory Policies Act of 1978 (16 U.S.C. 2621(d)) is amended by adding at the end the following:
“(22) CAP ON RETAIL UTILITY RATE INCREASES TO ONCE A YEAR.—Each electric utility shall request no more than one rate increase once per year.”.