What does Preamble of Lowering Utility Bills Act do?

This bill aims to amend the Federal Power Act and the Public Utility Regulatory Policies Act of 1978 The amendment requires investor-owned electric utilities and gas utilities to calculate return on equity at the lowest reasonable rate The bill was introduced to the House of Representatives and referred to the Committee on Energy and Commerce

What does SHORT TITLE. of Lowering Utility Bills Act do?

This bill is formally titled the Lowering Utility Bills Act.

What does REQUIREMENTS FOR AND RELATING TO TRANSMISSION PROVIDERS. of Lowering Utility Bills Act do?

This section amends the Federal Power Act to establish requirements for transmission providers. The Commission shall establish a range of reasonableness for the return on equity for transmission providers. Transmission providers are prohibited from recovering certain costs through customer rates or charges. The Commission shall consider a capital expenditure by a transmission provider prudent only if it prioritized grid enhancing technologies. The Commission shall issue regulations to carry out this section within 120 days.

What does REQUIREMENTS FOR INVESTOR OWNED UTILITIES. of Lowering Utility Bills Act do?

This section amends Title VI of the Public Utility Regulatory Policies Act of 1978 by adding requirements for investor-owned utilities. It establishes a process for calculating a range of reasonableness for a covered utility's return on equity, using data points based on market return estimates from financial academics, financial institutions, and Global Systemically Important Banks. The range of reasonableness can be adjusted downward based on factors like operating as a regulated monopoly and state regulatory actions. Utilities generally must use the lowest return on equity within the established range for official business, but state regulators can request alternative rates. The section prohibits investor-owned utilities from recovering costs related to lobbying, political contributions, certain advertising expenses, and other specified activities through rates. Violations of this section are treated as violations of the Federal Power Act and enforced accordingly. The Commission is required to issue regulations to carry out the provisions of this section within 120 days of enactment.

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Lowering Utility Bills Act

Last updated: 4/29/2026 · Introduced: 4/29/2026

Author: Greg Casar (D-TX)

TL;DR (AI)

The bill requires investor-owned electric utilities and gas utilities to calculate return on equity at the lowest reasonable rate.
Transmission providers are prohibited from recovering certain costs through customer rates or charges and must prioritize grid enhancing technologies in their capital expenditures.
Investor-owned utilities are prohibited from recovering costs related to lobbying, political contributions, and certain advertising expenses through rates.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 2 more.

4 sections

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