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US Senate blocks bill to make big power users pay more, easing household electricity costs

Market News
30 Sep 2026
New York Post
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Neutral
US Senate blocks bill to make big power users pay more, easing household electricity costs

The US Senate voted 57-43 to block the Ratepayer Protection Act, which would have required state utility regulators to consider charging large electricity users, like data centers, for the extra power infrastructure costs they cause. The bill aimed to reduce the financial burden on households but fell short of the 60 votes needed to advance. Republicans pushed the bill to appeal to voters ahead of the November mid-term elections, while Democrats argued it did not sufficiently protect consumers from rising electricity bills. The bill had previously passed the House overwhelmingly but now faces uncertainty in the Senate, with Democrats proposing a stronger alternative to make data centers fully pay for grid upgrades.

The US Senate's block of the Ratepayer Protection Act is context for readers following energy policy debates. For readers following Utilities-sector stocks, here is Pluang's market snapshot as of Oct 01, 2026 01:03 WIB: 15 of 22 US utilities stocks rose today. Dominion Energy Inc (D) traded at USD 60.87 with a 0.35% gain, Consolidated Edison, Inc. (ED) was at USD 103.66 up 0.32%, and Xcel Energy Inc (XEL) reached USD 70.93, also up 0.32%.

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