PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Energy and Air Quality.
Congressional Research Service
Version 00 · 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.
People & committees
Rep. Markey, Edward J. [D-MA-7] · D–MA
Legislative record
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Referred to the Subcommittee on Energy and Air Quality.
Referred to the House Committee on Energy and Commerce.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 15, 2025. Consult Congress.gov for the current record.
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