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Limiting Utility Rate Hikes to Once a Year

This bill aims to protect citizens from frequent electricity rate increases. If passed, utility companies would only be able to raise rates once a year, providing greater predictability for household expenses and easier budget planning.
Key points
Electric utility companies would be limited to requesting a rate increase no more than once every 365 days.
The change seeks to stabilize energy costs for households and businesses.
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Expired
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Additional Information
Print number: 118_HR_8002
Sponsor: Rep. Harder, Josh [D-CA-9]
Process start date: 2024-04-15
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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

Stop the Rate Hikes Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8002.

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 2024-04-15.

What are the main provisions?

Key points include:

  • Electric utility companies would be limited to requesting a rate increase no more than once every 365 days.
  • The change seeks to stabilize energy costs for households and businesses.
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. Harder, Josh [D-CA-9].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Energy, Climate and Grid Security.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy