A bill to amend the Federal Energy Administration Act of 1974 in order to prohibit or restrict the use of bulk or master electricity meters in apartment buildings.

Authorizes the Administrator of the Federal Energy Administration to prescribe regulations to require State agencies regulating the price of electricity to the ultimate consumer to prohibit or restrict the use of bulk or master electricity meters in: (1) apartment buildings constructed after the earliest possible date; and (2) in apartment buildings constructed prior to such date to the extent practicable.