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119th CONGRESS
2d 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 an electric utility can request to once every 365 days.
Mr. Vindman 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 an electric utility 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 “Home Energy Affordability 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.—A State regulated electric utility may only file a request to increase a rate with the State regulatory authority once every 365 days.”.