Protecting Americans from High Electricity Prices Act of 2026

The Protecting Americans from High Electricity Prices Act of 2026 amends the Natural Gas Act to give the Federal Energy Regulatory Commission explicit authority to block natural gas exports if they raise prices for U.S. households or increase greenhouse gas emissions. The bill specifically defines "countries of concern" as Russia, China, North Korea, Iran, and other nations deemed detrimental to U.S. national security, prohibiting energy supply to these entities. It requires the Commission to consider direct, indirect, and value-chain emissions when reviewing export applications and mandates the creation of new regulations within 30 days of enactment to enforce these criteria. Additionally, the legislation clarifies that military installations are excluded from certain export limitations and ensures agencies retain the power to deny exports that harm domestic affordability or environmental goals.