Strengthening the Power Grid: Allocating Transmission Line Costs
This act aims to improve the stability and reliability of electricity supply in the United States. It introduces new rules for sharing the costs of building and upgrading large transmission lines, which may affect electricity bills but also energy security. The goal is to distribute the costs of investments that benefit many consumers more fairly.
Key points
New rules for allocating costs of building and upgrading large electricity transmission lines, including interstate and offshore ones.
Costs will be distributed based on anticipated benefits such as supply reliability, economic advantages, and grid resilience.
Applies to high-capacity lines (at least 1000 megawatts) or their expansions increasing capacity by at least 500 megawatts, completed after the act's enactment.
Expired
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