H.R. 8948IntroducedHouse · nowSenatePresidentLawIn committeeSec. 2 · H.R. 8948
Consideration of measures to cap retail utility rate increases to once a year
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Section 111(d) of the Public Utility Regulatory Policies Act of 1978 (16 U.S.C. 2621(d)) 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..