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Protecting Wallets from Electricity Rate Hikes: New Notification Rules

This act introduces new requirements for electricity providers to inform customers about planned rate increases. Citizens will receive detailed explanations and have the opportunity to provide feedback. The goal is to increase transparency and protect consumers' finances.
Key points
Electricity providers must notify customers of rate increases at least 30 days in advance, including the percentage, reasons, and impact on bills.
Notifications will be sent via direct mail, email, posted on websites, and published in local media.
Failure to notify can result in a penalty of up to $10,000, and the rate increase cannot be implemented until the requirement is met.
Larger increases (5% or more) will be reviewed by the Department of Energy, which will assess their impact and suggest solutions, such as phasing in price increases.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_1149
Sponsor: Rep. Van Drew, Jefferson [R-NJ-2]
Process start date: 2025-02-07
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Summarized by: gemini-2.5-flash
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 119_HR_1149.

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 2025-02-07.

What are the main provisions?

Key points include:

  • Electricity providers must notify customers of rate increases at least 30 days in advance, including the percentage, reasons, and impact on bills.
  • Notifications will be sent via direct mail, email, posted on websites, and published in local media.
  • Failure to notify can result in a penalty of up to $10,000, and the rate increase cannot be implemented until the requirement is met.
  • Larger increases (5% or more) will be reviewed by the Department of Energy, which will assess their impact and suggest solutions, such as phasing in price increases.
What is the specific legal status?

The current status is Introduced.

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 2025-12-22.

CATEGORIES

Economy