H.R. 1149, also known as the "Protecting Our Wallets from Excessive Rates Act" or "POWER Act," requires retail electric utilities to notify consumers at least 30 days in advance before increasing their electricity rates. The notification must clearly state the percentage increase, the reasons...
Simple Explanation
The POWER Act is a rule that says electricity companies have to tell people 30 days before they make electricity more expensive, and if it's a big increase, they have to tell the government too. If the companies forget to tell people, they might have to pay a fine.