Home Energy Affordability Act requires states to consider measures capping electric utility rate increases to once a year.
The Home Energy Affordability Act amends 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. This aims to provide more stability and predictability in energy costs for consumers by preventing frequent rate hikes.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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