A bill to amend the Internal Revenue Code of 1954 to allow individuals a refundable tax credit for amounts paid for electricity or natural gas under fuel adjustment clauses.

Amends the Internal Revenue Code to allow individual taxpayers a refundable income tax credit for public utility surcharges imposed upon such taxpayer under fuel adjustment clauses with respect to the purchase of electricity or natural gas for nonbusiness uses in the taxpayer's principal residence. Limits the amount of such credit to $200 for a taxable year.