Lowering Utility Bills Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 28
- Latest action
- Apr 29, 2026
What it does
The Lowering Utility Bills Act would require investor-owned electric and gas utilities and transmission providers to set their authorized return on equity at the lowest point within a defined range of reasonableness when calculating rates, aiming to reduce consumer utility bills. It mandates that this range be based on three data points derived from expected 10-year U.S. equity market returns as estimated by financial academics, financial institutions, and Global Systemically Important Banks over the prior five years. The bill also prohibits recovery of certain costs—such as lobbying, advertising, executive travel, and political contributions—through customer rates and requires utilities to…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.