S1327119th CongressWALLET

Advancing GETs Act of 2025

Sponsored By: Senator Peter Welch

Introduced

Summary

A shared-savings incentive for developers would return a set share of measured transmission cost savings from grid-enhancing technologies to the entities that pay to install them. The goal is to make investments in hardware and software that ease congestion more financially attractive.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 2 benefits, 0 costs, 1 mixed.

New transmission congestion reporting rules

If enacted, the bill would require FERC to adopt one standard metric and reporting protocol within 18 months. One year after that rule takes effect, transmission operators would file annual reports on congestion management costs. Each report must identify any constraint that caused more than $500,000 in costs, state the cause and the next limiting element and rating, and note constraints planned to be fixed. FERC and DOE would publish and update a public congestion-cost map at least once a year.

DOE guide and clearinghouse for GETs

If enacted, the bill would require the Energy Department to publish an application guide for utilities and developers within 18 months and to update it every year. DOE would provide technical assistance on request and keep a clearinghouse of past GET projects to help future deployments. Congress would be authorized to fund $5 million for FY2025 and $1 million per year for FY2026–FY2036 to carry out these activities, with amounts available until expended.

Shared savings for GET developers

If enacted, the bill would direct FERC to set a single shared-savings percentage between 10% and 25% to return to developers who pay to install grid-enhancing technologies (GETs). That share would be paid over three years. Only projects with expected three-year savings at least four times the investment cost would qualify, and GETs already installed before enactment would be ineligible. FERC must issue the final rule within 18 months and must evaluate the incentive 7–10 years after it starts.

Sponsors & CoSponsors

Sponsor

Peter Welch

VT • D

Cosponsors

  • Sen. King, Angus S., Jr. [I-ME]

    ME • I

    Sponsored 4/8/2025

Roll Call Votes

No roll call votes available for this bill.

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