Electric utility companies would be limited to one rate increase per year.
This bill, called the "Stop the Rate Hikes Act," would change federal law. It would stop electric utility companies from asking for higher rates more than once every 365 days. This means customers would see fewer requests for rate increases.
Today, federal law does not limit how often electric utilities can ask for rate increases. Some companies might ask for increases multiple times a year, depending on state rules. After this bill, electric utility companies would be federally prohibited from asking for a retail rate increase more than once a year.
HR 5141 · 119th Congress · AI Summary by gemini-2.5-flash · 8/10
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