To require the Federal Energy Regulatory Commission to promulgate regulations with respect to regional and interregional transmission planning, and for other purposes.
About This Bill
Committee
Latest Action · July 25, 2023
Read twice and referred to the Committee on Energy and Natural Resources.
# Summary of S. 2480, CHARGE Act of 2023
The CHARGE Act directs the Federal Energy Regulatory Commission (FERC) to establish new rules for regional and interregional electric transmission planning and cost allocation. The bill requires transmission providers to coordinate planning across multiple regions, consider long-term renewable energy needs, and account for a broader range of benefits when determining project costs—including grid reliability, renewable energy integration, and customer savings. The legislation applies to all electric utilities and Regional Transmission Organizations that operate transmission lines across state lines. The bill appropriates $200 million to FERC and $10 million to the Energy Information Administration for fiscal year 2024, with major regulatory deadlines set at 18 months after enactment. Additionally, the act establishes new oversight structures including an Office of Transmission at FERC, requires independent monitoring of transmission operations, mandates public transparency of grid operating data, and implements governance reforms for transmission organizations to increase consumer and public interest participation in decision-making processes.
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