HR 3116 United States House · 118th Congress

Energy Consumer Protection Act of 2023

HR 3116 prohibits energy companies from knowingly submitting false data about electricity or natural gas prices in wholesale or interstate transactions. It amends the Federal Power Act to address electricity reporting violations (Section 316A(c)) and the Natural Gas Act to ban false natural gas price reports (Section 4B). The Federal Energy Regulatory Commission (FERC) can ban violators from buying or selling energy products or transmission services for a specified period. This targets intentional misinformation that could distort market pricing, aiming to improve data accuracy for energy markets. The bill directly affects energy companies involved in electricity and natural gas trading.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2023
Committee Review
Floor Vote
President
Introduced May 5, 2023 Last action May 12, 2023
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
May 12, 2023
Committee
Referred to the Subcommittee on Energy, Climate and Grid Security.
lower
May 5, 2023
Committee
Referred to the House Committee on Energy and Commerce.
lower
May 5, 2023
Introduced
Introduced in House
lower
1 primary · 2 co-sponsors

Sponsors