Greater Transparency for Electric Grid Costs and Infrastructure Investments.
This Act mandates electric utilities to standardize and disclose detailed financial and technical data regarding transmission grid modernization projects to the public. The goal is to increase transparency over costs borne by citizens (ratepayers) and allow for better scrutiny of how money is spent on energy infrastructure. This will help regulators and the public assess project efficiency and affordability.
Key points
Utilities must report detailed costs (projected vs. actual) for all transmission projects, including interconnection fees and congestion-related costs.
Creation of a publicly accessible, searchable data repository and an interactive dashboard showing project status, delays, and costs passed to consumers.
Mandatory research to identify key drivers of rising costs for ratepayers and develop solutions to enhance affordability and system efficiency.
Status:
Introduced
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