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
Floor votes
How they voted
No floor votes recorded yet.
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
Role
Legislator
Party
State
District
P
Janice D. Schakowsky
DDemocratic
Co
Donald S. Beyer, Jr.
DDemocratic
Co
Sean Casten
DDemocratic
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