Energy Affordability and Reliability Act of 2026

This bill establishes an Office of Energy Affordability within the Department of Energy, directly affecting the Department's policy-making process and indirectly aiming to influence energy costs for consumers. The Office's primary duty is to review proposed Department regulations or policies related to energy transitions, analyzing their effects on energy affordability, economic costs, and reliable energy access. It must also identify strategies to mitigate negative impacts and promote cost-effective solutions. The Office provides advice and guidance based on its reviews, which must be completed within 30 days, but it cannot prevent the issuance of any regulation. Finally, the Office is mandated to submit annual reports to Congress detailing its findings and recommendations.