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Protecting Against Electricity Price Hikes: New Notification Rules

This act aims to ensure that electricity providers must inform customers about planned price increases in advance. This will give citizens time to prepare and provide feedback, as well as receive clear explanations for the cost increases.
Key points
Electricity providers must notify customers of price increases at least 30 days in advance.
Notifications must include the percentage increase, reasons, impact on bills, and how to provide feedback.
Failure to notify can result in a penalty of up to $10,000 and a halt to the price increase.
The Department of Energy will monitor larger increases (5% or more) and assess their impact on consumers.
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Expired
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Additional Information
Print number: 118_HR_10018
Sponsor: Rep. Van Drew, Jefferson [R-NJ-2]
Process start date: 2024-10-18
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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

POWER Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_10018.

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 2024-10-18.

What are the main provisions?

Key points include:

  • Electricity providers must notify customers of price increases at least 30 days in advance.
  • Notifications must include the percentage increase, reasons, impact on bills, and how to provide feedback.
  • Failure to notify can result in a penalty of up to $10,000 and a halt to the price increase.
  • The Department of Energy will monitor larger increases (5% or more) and assess their impact on consumers.
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. Van Drew, Jefferson [R-NJ-2].

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 2025-12-24.

CATEGORIES

Economy