S 2915 United States Senate · 118th Congress

Enhancing Electric Grid Resilience Act

This bill requires the Federal Energy Regulatory Commission (FERC) to ensure costs for large-scale transmission projects are shared based on benefits, not just location. It applies to major interstate or offshore power lines (1,000+ MW capacity or 500+ MW upgrades) built after enactment, directly affecting utility companies building these projects and the customers who pay for them through electricity rates. The key mechanism mandates that cost allocation must reflect a "broad range" of benefits, including reliability, resilience, economic value, and environmental impacts. This changes how FERC reviews cost-sharing plans for these specific large projects, aiming to align payments with actual project benefits.
Bill status in committee 1 of 4 stages cleared
Introduction
Sep 2023
Committee Review
Floor Vote
President
Introduced Sep 26, 2023 Last action Sep 26, 2023
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2
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Committee
1
Sep 26, 2023
Committee
Read twice and referred to the Committee on Energy and Natural Resources.
upper
Sep 26, 2023
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
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P
Photo of Peter Welch
Peter Welch
DDemocratic
VT
n/a