our bill will crack down on these excessive rates, rein in corporate greed, and deliver real relief for families
Crack down on utilities overcharging consumers by limiting excessive utility profits and banning ratepayers from being charged for lobbying, private jets, and political contributions.
Occurrences
Evidence
Rep. Greg Casar and Rep. Josh Riley announced the Lowering Utility Bills Act, saying it would crack down on utilities overcharging consumers by banning rate recovery for private jet rides, lobbying, and political contributions and by setting a national standard for a reasonable return on equity.
GovInfo records H.R. 8568, the Lowering Utility Bills Act, as introduced in the House on April 29, 2026, and referred to the Committee on Energy and Commerce. The full title says it would amend federal utility law to require investor-owned electric and gas utilities and transmission providers to use the lowest return on equity in an established range of reasonableness.
The Congressional Progressive Caucus listed 'making utilities cheaper by cracking down on for-profit utilities overcharging consumers' as part of its affordability agenda, with Casar identified among the members promoting the agenda.
Assessments
Casar introduced the Lowering Utility Bills Act in the 119th Congress, and the bill closely matches the promise by targeting excessive utility returns and barring ratepayer recovery for lobbying, political contributions, and private jet costs. However, the evidence only shows introduction and committee referral as of April 29, 2026, not passage, enactment, or implemented federal regulation. Because he is still in the relevant federal office and the bill remains a live legislative effort, the promise is not yet delivered but also should not be scored as a failed promise.