Stop Unfair Electricity Prices Act

This bill limits when the U.S. Secretary of Energy may give financial assistance to state-regulated, investor-owned electric utilities. For one year after the law takes effect, the Secretary could not give assistance to a utility that charges residential customers more than its January 1, 2026 rate, and assistance would end if a funded utility raises rates above that level. For the following two years, a utility that raises residential rates above the January 1, 2026 level could get assistance only if it does not raise pay for its five highest-paid employees, cuts their pay when it raises rates, and reports their pay to the Secretary. The Secretary would end assistance to utilities that break these pay rules.

Full text and official record on Congress.gov

Sponsors

• Haley M. Stevens Democrat sponsor
• 1 cosponsors