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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
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
Sponsors
Role
Legislator
Party
State
District
P
Peter Welch
DDemocratic
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