The Keep the Lights Local Act would prohibit foreign corporations and foreign governments from owning or controlling public utility holding companies in the United States. This means foreign entities would not be allowed to own stakes in companies that manage electricity, water, gas, or other essential utility services for American communities. The bill, introduced in the House in September 2025, would take effect 180 days after passage, giving foreign owners a six-month window to divest from U.S. public utilities. The legislation affects any foreign-owned utility companies currently operating in the country and would prevent future foreign investment in this sector. The bill does not specify new funding requirements or create a government agency to enforce the prohibition.
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