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H.R. 8948 (119th Congress)Committee
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To amend the Public Utility Regulatory Policies Act of 1978 to require States to consider measures that limit the amount of retail utility rate increases an electric utility can request to once every 365 days.

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Summary

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Based on the bill's title, this measure would amend the Public Utility Regulatory Policies Act of 1978 to require states to consider implementing a limitation on how frequently electric utilities can request retail rate increases—specifically, no more than once every 365 days. The bill does not appear to set a federal mandate but rather directs states to evaluate such rate-increase frequency restrictions.

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