The proposed amendments will allow any entity proposing to own or operate a significant transmission facility to file a tariff with the Federal Energy Regulatory Commission (FERC). Such tariffs will detail cost allocation based on expected benefits from these facilities. By mandating a cost causation principle, the act aligns cost responsibilities with those who benefit from enhanced electric transmission, potentially improving investment incentives and infrastructure development across regions.
Summary
House Bill 2750, known as the Enhancing Electric Grid Resilience Act, seeks to amend the Federal Power Act to address the allocation of costs associated with certain interstate electric power transmission lines. The legislation focuses on facilities deemed to have national significance, particularly those that either function offshore or possess a substantial transmission capacity. This bill is significant in the context of the ongoing efforts to enhance electric grid infrastructure and ensure reliability in energy distribution across the United States.
Contention
While the legislation ambitiously seeks to boost the resilience and efficiency of the electric grid, it may stir debate regarding the designation of what constitutes a 'national significance' transmission facility. Critics may argue that the criteria for designation and the resulting cost allocation methods could disproportionately burden certain regions or consumer groups while benefiting larger entities. The balance of local versus national interests regarding electric power transmission and costs can lead to discussion on regulation, equity, and energy independence.
A bill for an act relating to electric transmission lines and electric transmission owners, and including effective date and applicability provisions.(Formerly SSB 3176.)
A bill for an act relating to electric transmission lines and electric transmission owners, and including effective date and applicability provisions.(See HF 2551.)