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Limiting Utility Rate Hikes to Once a Year

This bill aims to restrict utility companies from requesting retail rate increases more than once every 365 days. This change provides citizens with greater predictability regarding their utility costs and protection against sudden, multiple price hikes within a single year.
Key points
Utility companies (e.g., electricity providers) will be limited to requesting only one rate increase per year.
The change seeks to stabilize utility bills and protect household budgets from frequent price adjustments.
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Status: Introduced
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Additional Information
Print number: 119_HR_5141
Sponsor: Rep. Harder, Josh [D-CA-9]
Process start date: 2025-09-04