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Federal Energy Efficiency Standards: Mandating Savings for Utilities and Consumers.

This bill establishes mandatory federal energy efficiency standards for major electricity and natural gas suppliers, starting in 2025. The goal is to drive down overall energy consumption through cost-effective measures, leading to lower utility bills for households and businesses and reducing energy waste. The legislation also prioritizes efficiency programs for low-income customers.
Key points
Large utility companies must meet increasing annual targets for cumulative electricity and natural gas savings (e.g., 1% electricity savings in 2025, rising to 22% by 2039).
All mandated efficiency measures must be "cost-effective," meaning the economic benefits to consumers and the economy must outweigh the implementation costs.
The law encourages specific savings programs targeting low-income households (at or below 200% of the poverty line).
States can administer the program, and non-compliant suppliers face civil penalties, which are then reinvested into further energy efficiency initiatives.
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Additional Information
Print number: 118_S_4615
Sponsor: Sen. Smith, Tina [D-MN]
Process start date: 2024-06-20
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

American Energy Efficiency Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_4615.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-06-20.

What are the main provisions?

Key points include:

  • Large utility companies must meet increasing annual targets for cumulative electricity and natural gas savings (e.g., 1% electricity savings in 2025, rising to 22% by 2039).
  • All mandated efficiency measures must be "cost-effective," meaning the economic benefits to consumers and the economy must outweigh the implementation costs.
  • The law encourages specific savings programs targeting low-income households (at or below 200% of the poverty line).
  • States can administer the program, and non-compliant suppliers face civil penalties, which are then reinvested into further energy efficiency initiatives.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Smith, Tina [D-MN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Environment Economy