H.R. 2529 · 110th Congress
To establish efficiency resource standards for retail electricity and natural gas distributors, and for other…
Full title
To establish efficiency resource standards for retail electricity and natural gas distributors, and for other purposes.
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
MarkeySponsorNo cosponsors.
Amends the Public Utility Regulatory Policies Act of 1978 to prescribe efficiency resource standards for retail electricity and natural gas distributors.
What it does: CRS summary · Introduced in House · May 24, 2007
Amends the Public Utility Regulatory Policies Act of 1978 to prescribe efficiency resource standards for retail electricity and natural gas distributors.
Requires each retail electricity or natural gas distributor to undertake electricity and natural gas savings measures in each calendar year, beginning with 2009, that produce electricity and natural gas savings as a percentage of the distributor's base quantity at a specified applicable rate.
Instructs the Secretary of Energy to issue rules establishing a nationwide credit and credit trading system for electricity and natural gas savings.
Authorizes any person to apply to the Secretary for the establishment and certification of a not-for-profit Electric and Natural Gas Savings Corporation.
Directs the Federal Energy Regulatory Commission (FERC) to develop model provisions for mandatory adoption by state utility regulatory commissions regarding: (1) revenue stability and incentives for distributors; (2) nondiscriminatory identification of cost-effective savings opportunities; and (3) development of model language on revenue decoupling and shareholder incentives in ratemaking policies.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To establish efficiency resource standards for retail electricity and natural gas distributors, and for other purposes.
Latest action (May 24, 2007): Referred to the Subcommittee on Energy and Air Quality.
Policy area: Energy · Origin: House · Introduced: May 24, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.