Utility Lifeline for the Elderly Rate Reform Act of 1980

[AI summary unavailable — showing source text] Utility Lifeline for the Elderly Rate Reform Act of 1980 - Prohibits an electric or natural gas utility from charging an elderly residential consumer (an individual at least 65 years of age who is the head or principal income earner of a household or who receives Federal retirement benefits) an amount greater than the lowest charge per kilowatt-hour or cents per therm for any other consumer for a subsistence quantity of electric energy or natural gas in any month for such consumer's principal residence. Defines subsistence quantity as the number of kilowatt-hours or therms of natural gas per month which a regulatory authority (regulatory body which has ratemaking authority over electric or natural gas utilities in its jurisdiction) determines is necessary to supply minimum subsistence electric and natural gas needs of elderly consumers for residential uses. Requires an electric or natural gas utility to sell electric energy or natural gas in accordance with a rate schedule fixed, approved, or permitted to go into effect by a regulatory authority having jurisdiction over such utility. Prohibits a regulatory authority from fixing, approving, or permitting to go into effect any rate s…