S 4605·Federal·senate
Geothermal Cost-Recovery Authority Act of 2026
In CommitteeFiled May 20, 2026
Sponsor: Sen. Gallego, Ruben [D-AZ] (D)
Latest Action
Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.
Jul 15, 2026
Summary
The Geothermal Cost‑Recovery Authority Act would set up a federal entity to manage how costs tied to geothermal development are recouped. It would affect geothermal developers, federal land managers, and potentially ratepayers by providing a centralized framework. The measure aims to promote geothermal energy by addressing financial barriers.
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