Enhancing Electric Grid Resilience Act
Sponsored By: Senator Welch, Peter [D-VT]
Introduced
Summary
Creates a tariff-driven, benefits-based method to share costs for very large interstate and offshore electric transmission projects. This bill would let owners or operators file tariffs with the Federal Energy Regulatory Commission under section 205 to allocate the costs of qualifying projects to customers in the applicable transmission planning region(s) based on estimated anticipated benefits across reliability, economic, public policy, resilience, environmental, and other categories.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Who pays for major power lines
If enacted, the bill would define a "transmission facility of national significance" for interstate or offshore power lines finished after enactment. New lines would qualify if they have at least 1,000 megawatts; expansions would qualify if they add at least 500 megawatts. Entities proposing to own or operate such projects would be able to file a tariff with FERC under section 205 to recover and allocate project costs. FERC would have to allocate costs to customers in the transmission planning region(s) roughly in line with estimated benefits, including reliability, economic, public policy, resilience, and environmental benefits, so regional customers and households would pay more or less depending on the benefit allocation.
Sponsors & CoSponsors
Sponsor
Welch, Peter [D-VT]
VT • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov