Stop Unfair Electricity Prices Act prohibits financial aid to utilities raising residential electricity rates.
The Stop Unfair Electricity Prices Act restricts the Secretary of Energy from providing financial assistance to regulated investor-owned electric utilities that increase residential electricity rates above the January 1, 2026 rate. For one year after enactment, the Secretary cannot provide aid to any utility that raises rates. For the following two years, the Secretary can only provide aid if the utility reduces the total compensation of its five highest-paid employees by twice the percentage point increase in the rate.
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