This Act may be cited as the Home Energy Affordability Act.

Section 111(d) of the Public Utility Regulatory Policies Act of 1978 (16 U.S.C. 2621(d)U.S. Code — Title 16, Section 2621(d)View official source on GovInfo) is amended by adding at the end the following: (22) Cap on retail utility rate increases to once a year A State regulated electric utility may only file a request to increase a rate with the State regulatory authority once every 365 days..