Requires utilities to set lower profit rates, potentially reducing customer bills.
This bill would make electric and gas utilities, including those that transmit power, calculate their profit rates at the lowest reasonable level. It would also stop these companies from charging customers for costs like lobbying, political activities, or executive perks. These changes aim to lower utility bills for everyday Americans.
Today, electric and gas utilities have more flexibility in setting their profit rates and can pass on a wider range of business costs to customers. After this bill, utilities would generally be required to use the lowest reasonable profit rate, and many non-operational costs like lobbying, political spending, and executive travel would be banned from customer bills.
HR 8568 · 119th Congress · April 29, 2026 · AI Summary by gemini-2.5-flash · 10/10
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1 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.