Utility Accountability Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 10804 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 10804 To establish penalties for the failure of investor-owned electric utilities to meet State performance targets. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES October 13, 2026 Mr. Riley of New York introduced the following bill; which was referred to the Committee on Energy and Commerce _______________________________________________________________________ A BILL To establish penalties for the failure of investor-owned electric utilities to meet State performance targets. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Utility Accountability Act''. SEC. 2. PENALTIES FOR FAILURE OF INVESTOR-OWNED ELECTRIC UTILITIES TO MEET STATE PERFORMANCE TARGETS. (a) Certification of Audits.--Each State regulatory authority that annually audits whether investor-owned electric utilities, with respect to which the State regulatory authority has ratemaking authority, meet State performance standards shall annually certify to the Secretary whether each such investor-owned electric utility meets such standards for the year, as determined by the State regulatory authority. (b) Penalties.-- (1) Bill credits.-- (A) In general.--If a State regulatory authority certifies under subsection (a) that an investor-owned electric utility, with respect to which the State regulatory authority has ratemaking authority, failed to meet State performance standards for a year, the Secretary shall order the State regulatory authority to direct the investor-owned electric utility that did not meet State performance standards to, beginning in the following year, annually provide to each residential customer of the investor-owned electric utility a bill credit until the inve