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Energy Consumer Protection: New Penalties for Market Fraud

This act strengthens energy consumer protection by introducing stricter penalties for companies and individuals who manipulate the electricity and natural gas markets. It aims to ensure fair prices and stable supplies, protecting citizens from unfair practices.
Key points
Introduces prohibitions or suspensions for entities manipulating electricity prices and transmission services.
Prohibits intentionally reporting false information regarding natural gas prices and transportation, preventing fraud.
Empowers the Federal Energy Regulatory Commission to exclude dishonest entities from the market, enhancing energy security.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_HR_8578
Sponsor: Rep. Schakowsky, Janice D. [D-IL-9]
Process start date: 2022-07-28
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Energy Consumer Protection Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_8578.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-07-28.

What are the main provisions?

Key points include:

  • Introduces prohibitions or suspensions for entities manipulating electricity prices and transmission services.
  • Prohibits intentionally reporting false information regarding natural gas prices and transportation, preventing fraud.
  • Empowers the Federal Energy Regulatory Commission to exclude dishonest entities from the market, enhancing energy security.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Schakowsky, Janice D. [D-IL-9].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Energy and Commerce.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy