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HR 5722 113th Congress House Energy Administrative remedies Contracts and agency Electric power generation and transmission Energy storage, supplies, demand Federal Energy Regulatory Commission (FERC) Government studies and investigations Public utilities and utility rates

POWER Act

Introduced: November 17, 2014 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 21, 2014
Referred to the Subcommittee on Energy and Power.
Nov 17, 2014
Referred to the House Committee on Energy and Commerce.
Nov 17, 2014
Introduced in House
 Plain-English summary Congressional Research Service

Providing Opportunities to Work for Energy Reliability Act or the POWER Act - Amends the Federal Power Act to direct the Federal Energy Regulatory Commission (FERC) to review any decision by the North American Electric Reliability Corporation (NAERC) to approve a new balancing authority that would alter cost allocations under an existing system support resources agreement.

Precludes such new balancing authority from taking effect until approved by FERC.

Requires FERC to publish a cost-benefit analysis of the proposed NAERC decision, including its likely financial impact upon ratepayers, before issuing a decision to approve, disapprove, or modify the NAERC decision.

What's happening now November 21, 2014

Referred to the Subcommittee on Energy and Power.

 Committees of jurisdiction 2