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Stop Unfair Electricity Prices Act: Protecting Residential Rates

This bill aims to keep electricity prices stable for households by linking government financial aid for utility companies to their pricing policies. Companies that raise rates above 2026 levels risk losing federal funding and must cut executive pay.
Key points
The Secretary of Energy will stop financial aid to electric companies that raise residential rates above January 1, 2026 levels.
During the first year, any rate increase results in the immediate termination of federal financial assistance.
In the following two years, aid is only available if the top five highest compensated employees do not receive pay raises.
If rates go up after the first year, the compensation of the 5 highest compensated employees must be reduced by double the percentage of the rate hike.
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Status:
Introduced
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Additional Information
Print number: 119_HR_7926
Sponsor: Rep. Stevens, Haley M. [D-MI-11]
Process start date: 2026-03-12
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-3.1-pro-preview
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Stop Unfair Electricity Prices Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_7926.

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 2026-03-12.

What are the main provisions?

Key points include:

  • The Secretary of Energy will stop financial aid to electric companies that raise residential rates above January 1, 2026 levels.
  • During the first year, any rate increase results in the immediate termination of federal financial assistance.
  • In the following two years, aid is only available if the top five highest compensated employees do not receive pay raises.
  • If rates go up after the first year, the compensation of the 5 highest compensated employees must be reduced by double the percentage of the rate hike.
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. Stevens, Haley M. [D-MI-11].

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 2026-03-21.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Public Investments