This bill aims to prevent regulated investor-owned electric utilities from increasing residential electricity rates by conditioning federal financial assistance. For a period of one year following its enactment, the Secretary of Energy is prohibited from providing any financial assistance to such utilities if they charge residential electric consumers a rate higher than the rate in effect on January 1, 2026 . Furthermore, if a utility receives financial assistance and subsequently raises its residential rates above that baseline during this initial year, the Secretary must immediately terminate the provided assistance . Following this initial one-year moratorium, the bill establishes additional requirements for a subsequent two-year period . During this time, the Secretary of Energy may not provide financial assistance to utilities that raise residential rates above the January 1, 2026 level, unless specific conditions regarding executive compensation are met. These conditions include either maintaining the total compensation of the five highest-paid employees at or below their January 1, 2026 levels, or significantly reducing their compensation if rates are increased. Utilities must also submit a report detailing these compensation adjustments, and failure to comply will result in the termination of financial assistance .