HR 13498 · 93th Congress ·

A bill to amend the Federal Power Act to prohibit public utilities from increasing any rate or charge for electric energy, by means of any fuel adjustment clause in a wholesale rate schedule, in order to reflect more than 50 percent of any increased fuel cost.

Introduced 1974-03-14· Sponsored by Rep. Harrington, Michael J. [D-MA-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Interstate and Foreign Commerce.(1974-03-14)

Plain Language Summary

[AI summary unavailable — showing source text] Provides, under the Federal Power Act, that no public utility may increase any rate or charge for electric energy in order to reflect any increased fuel cost if such rate is calculated under a fuel adjustment clause in a wholesale rate schedule and if such clause allows more than 50 percent of the increased fuel cost to be reflected in the increased rate or charge. (Amends 16 U.S.C. 824d(d))…

Summarized by Claude AI · Non-partisan · For informational purposes only