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HR 238 107th Congress House Energy Commerce Economics and Public Finance Electric utility rates Federal-state relations Government Operations and Politics Price policy Price regulation

To amend the Department of Energy Authorization Act to authorize the Secretary of Energy to impose interim limitations on the cost of electric energy to protect consumers from unjust and unreasonable prices in the electric energy market.

Introduced: January 20, 2001 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 7, 2001
Referred to the Subcommittee on Energy and Air Quality.
Jan 20, 2001
Referred to the House Committee on Energy and Commerce.
Jan 20, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Amends the Department of Energy Organization Act to direct the Secretary of Energy to impose an interim regional price limitation, or cost-of-service based rate, upon sales of electric energy at wholesale rate in interstate commerce subject to the jurisdiction of the Federal Energy Regulatory Commission (FERC) whenever: (1) FERC determines that the pertinent rate, charge, or classification is unduly preferential, unjust, or unreasonable, or the Secretary determines that it exceeds significantly the marginal cost of electric energy production; and (2) the continued existence of such rate, charge, or classification threatens public health and safety or regional economy, and FERC has otherwise failed to act to improve the situation.

Authorizes the Governor of any State within such affected region to waive application of the price limitation.

Exempts from the interim price limitations of this Act sales of electric energy generated by certain small power production or cogeneration facilities under the purview of the Public Utility Regulatory Policies Act of 1978.

What's happening now February 7, 2001

Referred to the Subcommittee on Energy and Air Quality.

 Committees of jurisdiction 2