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Bills · 2025-2026 Regular Session

SB 1092

Died at session end Official bill text Atom feed

Relating to: a cap on rate increases for retail electric service.

Public service commission Public utility

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill prohibits the Public Service Commission from authorizing rates for retail electric service that exceed an increase of 5 percent over the utility’s rates in the prior year. The bill sunsets this prohibition on January 1, 2029.

Sponsors

Introduced by: Smith (D)

Full history

  1. Mar 4, 2026 · Senate

    Introduced by Senator Smith

  2. Mar 4, 2026 · Senate

    Read first time and referred to Committee on Utilities, Technology and Tourism

  3. Mar 23, 2026 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1