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S. 2947

BillFederalSenateIn Committee
A bill to amend the Federal Power Act to clarify the authority of the Federal Energy Regulatory Commission to prescribe just, reasonable, and not unduly discriminatory or preferential terms, conditions, and compensation applicable to wholesale demand response resource participation in organized wholesale energy, capacity, and ancillary service markets.
About This Bill
Committee
Latest Action · November 20, 2014
Read twice and referred to the Committee on Energy and Natural Resources.
Congress
113th (2013–2015)
Introduced
November 20, 2014
Sponsor
Sen. Martin HeinrichD
Cosponsors (0)
None
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Summary

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Amends the Federal Power Act to authorize the Federal Energy Regulatory Commission (FERC) to prescribe just, reasonable, and not unduly discriminatory or preferential terms, conditions, and compensation applicable to wholesale demand response resource participation in organized wholesale energy, capacity, and ancillary service markets. Defines "demand response" as a reduction in customer consumption of electric energy from the expected consumption in response to either increased electric energy prices or to incentive payments designed to induce lower electric energy consumption.

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