New Rules for Allocating Costs of Major Electric Grid Infrastructure.
This bill establishes new rules for how the costs of building large, critical interstate or offshore electric transmission lines are distributed. These costs must be allocated to customers in regions based on the anticipated benefits they receive, such as improved grid reliability and resilience against outages. The goal is to streamline the construction of essential infrastructure necessary for energy security and stable power supply.
Key points
Changes how utility companies charge for the construction of new, large transmission lines (at least 1,000 MW capacity).
Investment costs must be allocated to customers in regions proportionally to the expected benefits, including improved reliability and grid resilience.
The rules apply only to new, strategic interstate or offshore lines deemed critical for the stability of the national power grid.
Expired
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