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Energy Consumer Protection: New Penalties for Gas and Electricity Market Fraud

This act aims to enhance energy consumer protection by introducing stricter penalties for companies and individuals who manipulate the electricity and natural gas markets. This means citizens can expect greater price stability and fairness in energy trading, directly impacting their bills and service availability.
Key points
Authorities can prohibit companies and individuals who commit fraud in the electricity market from buying or selling electricity, energy products (like transmission rights), and transmission services.
A ban has been introduced on willfully reporting false information about natural gas transportation or sales to federal or private agencies, to prevent price manipulation.
Authorities can prohibit companies and individuals who commit fraud in the natural gas market from buying or selling natural gas and transmission services.
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Expired
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Additional Information
Print number: 117_S_4679
Sponsor: Sen. Cortez Masto, Catherine [D-NV]
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_S_4679.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-07-28.

What are the main provisions?

Key points include:

  • Authorities can prohibit companies and individuals who commit fraud in the electricity market from buying or selling electricity, energy products (like transmission rights), and transmission services.
  • A ban has been introduced on willfully reporting false information about natural gas transportation or sales to federal or private agencies, to prevent price manipulation.
  • Authorities can prohibit companies and individuals who commit fraud in the natural gas market from buying or selling natural gas and transmission services.
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 Sen. Cortez Masto, Catherine [D-NV].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Courts and Law