Stop the Rate Hikes Act

Bill: 118-hr-8002
Sponsor: full_name: Rep. Harder, Josh [D-CA-9]
Introduced: 2024-04-15
Policy area: Energy
Latest action: action_date: 2024-04-19
text: Referred to the Subcommittee on Energy, Climate and Grid Security.

Summaries:

tv_txt: I 118th CONGRESS 2d Session H. R. 8002 IN THE HOUSE OF REPRESENTATIVES April 15, 2024 Mr. Harder of California introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL 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.

1. Short title This Act may be cited as the Stop the Rate Hikes Act . 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. .