Bill · H.R. 7926· House(119-HR-7926)
Stop Unfair Electricity Prices Act
- Introduced
- 3/12/2026
- Last activity
- 3/12/2026 — Referred to the House Committee on Energy and Commerce.
- Sponsored by
- Haley Stevens
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
The "Stop Unfair Electricity Prices Act" sets rules for the Secretary of Energy regarding financial assistance to regulated investor owned electric utilities. For the first year, the Secretary cannot provide assistance to utilities that raise residential electricity rates above what they were on January 1, 2026. Utilities receiving assistance during this first year must also keep rates at the January 1, 2026 level or face termination of that assistance. For the following two years, assistance is barred for utilities raising rates unless they limit or reduce the compensation of their five highest-paid employees. These employees' pay must be reduced by twice the percentage point increase of the new electricity rate. Additionally, the utility must report the compensation levels of those five employees to the Secretary.
Yes· 3 of 9
Would households on low incomes be better off under this?+7
Prevents electricity rate increases which disproportionately affect low-income budgets.
Does this give people more protection from unfair business practices?+6
Protects residential consumers from unfair electricity price increases through financial incentives for utilities.
Would people over 65 be better off under this?+5
Seniors on fixed incomes benefit significantly from stabilized residential electricity rates.
The opposite· 3 of 4
Would people with substantial wealth be better off under this?-4
Negatively impacts the highest-compensated utility executives through mandatory pay cuts.
Would the very wealthiest people be better off under this?-4
Negatively impacts high-earning utility executives.
Would billionaires be better off under this?-4
Negatively impacts high-earning utility executives.
Who it would affect, and how
Potential Positive Impacts for People
-
Preservation of Electricity Rates: Residential electric consumers may benefit from stabilized costs because the Secretary cannot provide financial assistance to regulated investor owned electric utilities that raise rates above the January 1, 2026 level during the first year (Section 2(a)(1)).
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Executive Pay Accountability: For a two-year period, financial assistance is tied to the compensation of the five highest-paid employees. This ensures that if rates increase, the highest-paid employees must see a reduction in their total compensation (Section 2(b)(1)(A) and (B)).
Potential Negative Impacts for People
- Loss of Financial Assistance: Regulated investor owned electric utilities may have their financial assistance terminated by the Secretary if they violate rate or compensation rules (Section 2(a)(2) and 2(b)(2)). This could impact the utility's operations.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+7Good For Middle Class Households+5Good For Retirees+5Good For Seniors+5Good For Billionaires-4Good For High Net Worth Individuals-4Good For Ultra High Net Worth Individuals-4
- Economy And Finance
- Improves Consumer Protection+6Reduces Inflation+3
- Governance And Ideology
- Increases Federal Power+4Improves Government Transparency+3Increase States Rights-3
- Social Issues And Justice
- Improves Poverty Reduction+4
- 8/20/2026
- 1 Cosponsor added.
- 3/12/2026
- Referred to the House Committee on Energy and Commerce.
- Introduced in House
Eugene VindmanDemocrat · Virginia