HR9843119th CongressWALLET

Enhancing Electric Grid Resilience Act

Sponsored By: Representative Castor, Kathy [D-FL-14]

Introduced

Summary

This bill would require that very large interstate and offshore transmission projects use a new, regional, benefit‑based cost allocation system. It would let project owners file tariffs with the Federal Energy Regulatory Commission (FERC) to assign costs and ties those allocations to two guiding principles: cost causation and cost allocation.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

New rules for large power line costs

If enacted, the bill would create a new class called "transmission facilities of national significance." It would cover interstate or offshore lines of at least 1,000 megawatts, and upgrades that add at least 500 megawatts, finished on or after enactment. Owners could file cost-allocation tariffs with the Federal Energy Regulatory Commission under section 205. FERC would be required to allocate costs to customers in the relevant transmission planning region(s) roughly in line with estimated benefits, including reliability, economic, public policy, and resilience benefits. The bill would not limit FERC's existing authority over other transmission projects. Households in affected regions would see costs shifted or spread based on those tariffs, which could raise or change electricity bills.

Sponsors & CoSponsors

Sponsor

Castor, Kathy [D-FL-14]

FL • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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