The bill would require the Federal Energy Regulatory Commission to set rules for coordinated electricity transmission planning among neighboring regions. Plans would consider local, regional, and interregional needs over near-term, medium-term, and long-term periods, and use scenarios covering at least 20 years. Regional planners would submit joint plans for Commission review and update them at least every three years. The plans would identify transmission projects, consider their benefits and costs, and set out how costs are allocated. The bill excludes the Electric Reliability Council of Texas and the region it serves.
The bill says customers who receive no reasonably identifiable benefit from a selected transmission project cannot be required to pay its costs. Other project costs would be allocated in a way that reflects benefits. The bill does not set household electricity rates.
The bill gives no total cost estimate or specific federal funding amount. It provides for project costs to be allocated to customers in proportion to benefits, with protection for customers who receive no reasonably identifiable benefit.
No publicly available information.
No publicly available information.