A bill to amend the Public Utility Regulatory Policies Act of 1978 to prohibit retail electric and gas utility rate increases in excess of the cost of living.

Summary

Amends the Public Utility Regulatory Policies Act of 1978 to prohibit annual retail electric and gas utility rate increases in excess of the cost of living for the preceding calendar year. Makes such prohibition inapplicable to any rate increase which is charged to an electric consumer under an automatic fuel adjustment clause of a rate schedule which permits rate increases or decreases without prior hearing by a State regulatory authority. Treats the amount of any rate increase which is disallowed for any calendar year as an automatic rate increase for the next calendar year.

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Timeline

1. 20 May 1981

   Introduced

   Referred to House Committee on Energy and Commerce.

   Source: IntroReferral

2. 20 May 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 May 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 26 May 1981

   Referred

   Referred to Subcommittee on Energy Conservation and Power.

   Source: Committee

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 20 May 1981

  Open at official source

Sponsors

• Rep. Peyser, Peter A. [D-NY-23] · D · Sponsor
• · hsif00 · Standing

Related records

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