The Utility Hikes Transparency Act requires the Federal Energy Regulatory Commission to create and maintain a publicly accessible online database called the National Utility Rate Change Tracker within one year of the bill's enactment. This database would contain detailed information about approved and effective utility rate changes for gas and electric utilities, including the dollar and percentage impact on average residential bills, the number of customers affected, reasons for the increases, and links to relevant regulatory documents. The tracker would be searchable by ZIP code, address, state, and city, with quarterly updates, and would include a plain-language methodology document explaining how the information is collected and standardized. This bill affects all households and businesses that use electricity or natural gas from regulated utilities across the country by making rate change information more transparent and easily accessible. The legislation does not specify additional funding but directs FERC to use existing publicly available information and data-sharing agreements with state regulators to populate the database.
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