Referred to the House Committee on Energy and Commerce.
Summary
The Home Energy Affordability Act amends the Public Utility Regulatory Policies Act of 1978 to require state‑regulated electric utilities to seek approval for any retail rate increase no more than once every 365 days. It applies to all electric utilities that are overseen by state commissions and therefore to residential and small‑business electricity customers. By capping how often utilities can ask for higher rates, the bill aims to give households more predictable and affordable energy bills.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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