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Geothermal Royalty Reform: New Rules for Power Plants

This act changes how royalties for geothermal energy production are calculated, potentially affecting the cost of electricity from these sources. Instead of general fees, royalties will be assessed individually for each geothermal power plant. Citizens may experience an indirect impact through potential changes in electricity prices, although direct consequences for daily life are minimal.
Key points
Geothermal royalties will be calculated separately for each power plant, not globally.
The change aims to more precisely determine fees for the use of geothermal resources.
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Status: Introduced
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Additional Information
Print number: 119_HR_5638
Sponsor: Rep. Kennedy, Mike [R-UT-3]
Process start date: 2025-09-30