What does Preamble of Stop Unfair Electricity Prices Act do?

This bill establishes requirements for when the Secretary of Energy may provide financial assistance to regulated investor-owned electric utilities.

What does SHORT TITLE. of Stop Unfair Electricity Prices Act do?

This Act is formally titled the 'Stop Unfair Electricity Prices Act'.

What does PRESERVING ENERGY AFFORDABILITY. of Stop Unfair Electricity Prices Act do?

This section establishes a one-year moratorium on financial assistance to regulated investor-owned electric utilities that increase residential electricity rates above the January 1, 2026, rate. During a subsequent two-year period, financial assistance to such utilities is prohibited unless they meet specific criteria related to executive compensation. To qualify for assistance during the two-year period, utilities must not exceed the total compensation of their five highest-paid employees from January 1, 2026, and must reduce executive compensation proportionally to rate increases. Utilities must also submit a report detailing executive compensation levels before and after any reductions. The Secretary of Energy is responsible for determining compliance and terminating assistance if violations occur. The definitions of key terms, such as 'electric consumer,' 'rate,' and 'regulated investor-owned electric utility,' are derived from section 3 of the Public Utility Regulatory Policies Act of 1978.

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Stop Unfair Electricity Prices Act

Last updated: 3/12/2026 · Introduced: 3/12/2026

Author: Haley Stevens (D-MI)

TL;DR (AI)

The bill temporarily prohibits the Secretary of Energy from providing financial assistance to electric utilities that raise residential electricity rates above 2026 levels.
For two years following the moratorium, financial assistance to these utilities is contingent upon limiting executive compensation and proportionally reducing it alongside rate increases.
Utilities seeking assistance must report executive compensation details and demonstrate compliance, with the Secretary of Energy having authority to terminate assistance for violations.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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