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S. 5320

BillFederalSenateIn Committee
To amend the National Energy Conservation Policy Act to authorize certain long-term contracts for Federal purchases of energy, and for other purposes.
About This Bill
Committee
Latest Action · November 14, 2024
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Congress
118th (2023–2025)
Introduced
November 14, 2024
Cosponsors (5)
5D 0R
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Summary

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The Renewable Energy Certainty Act would allow federal agencies to sign long-term contracts to purchase renewable energy or power from cogeneration facilities for up to 30 years, removing current restrictions that limit such agreements. This change affects all federal agencies that purchase electricity and would give them more flexibility to secure stable, long-term renewable energy supplies at predictable costs. Within 90 days of the bill becoming law, the Secretary of Energy must create a standardized contract template that agencies can use for these energy purchases, and must also provide technical assistance to help agencies implement the new contracting authority. The legislation aims to provide certainty for renewable energy projects by guaranteeing long-term government customers, which could encourage investment in clean energy infrastructure while helping the federal government meet its sustainability goals.

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