Referred to the House Committee on Energy and Commerce.
Summary
The SURGE Act would amend the Federal Power Act so the Federal Energy Regulatory Commission must create a rule that lets certain transmission owners recover a portion of verified cost savings from efficiency actions. It applies to utilities under FERC jurisdiction and includes guidance for other electric utilities, as well as grant and study provisions for state regulators. The goal is to encourage grid efficiency, lower consumer costs, and improve reliability.
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