A bill to amend the Public Utility Regulatory Policies Act of 1978 to prohibit the use of fuel adjustment clauses by retail gas and electric utilities, and for other purposes.
Fuel Adjustment Clause Prohibition Act of 1979 - Amends the Public Utility Regulatory Policies Act of 1978 to prohibit electric and gas utilities from increasing rates (to reflect increases in fuel or natural gas costs incurred by such utilities) pursuant to a rate schedule provision providing for such increases, without a prior evidentiary hearing.
Prescribes enforcement procedures and provides for civil penalties for violations of this Act.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
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