Make Energy Affordable Act

12/30/2022, 3:04 AM

Make Energy Affordable Act

This bill requires the President to report on the rising energy prices. In addition, the President must provide updates on residential energy price trends, impacts of energy prices on low-income households, and actions by federal agencies to mitigate energy price increases.

Bill 117 HR 6298, also known as the Make Energy Affordable Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to address the issue of rising energy costs and make energy more affordable for American consumers.

The bill proposes several measures to achieve this goal. One key provision is the establishment of a grant program to assist low-income households with their energy bills. This program would provide financial assistance to those who struggle to pay their energy bills, helping to alleviate the burden of high energy costs on vulnerable populations.

Additionally, the Make Energy Affordable Act aims to promote energy efficiency and conservation. The bill includes provisions for funding energy efficiency programs and initiatives, as well as incentives for businesses and individuals to reduce their energy consumption. By encouraging energy efficiency, the bill seeks to lower overall energy costs for consumers and reduce the demand for energy resources. Furthermore, the bill addresses the issue of energy affordability by promoting renewable energy sources. The Make Energy Affordable Act includes provisions for funding renewable energy projects and incentivizing the use of clean energy sources. By investing in renewable energy, the bill aims to diversify the energy supply and reduce reliance on fossil fuels, which can help to stabilize energy prices in the long term. Overall, the Make Energy Affordable Act is a comprehensive piece of legislation that seeks to address the issue of rising energy costs in the United States. By providing financial assistance to low-income households, promoting energy efficiency, and investing in renewable energy, the bill aims to make energy more affordable for all Americans.
Congress
117

Number
HR - 6298

Introduced on
2021-12-16

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

12/16/2021

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Make Energy Affordable Act

This bill requires the President to report on the rising energy prices. In addition, the President must provide updates on residential energy price trends, impacts of energy prices on low-income households, and actions by federal agencies to mitigate energy price increases.

Bill 117 HR 6298, also known as the Make Energy Affordable Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to address the issue of rising energy costs and make energy more affordable for American consumers.

The bill proposes several measures to achieve this goal. One key provision is the establishment of a grant program to assist low-income households with their energy bills. This program would provide financial assistance to those who struggle to pay their energy bills, helping to alleviate the burden of high energy costs on vulnerable populations.

Additionally, the Make Energy Affordable Act aims to promote energy efficiency and conservation. The bill includes provisions for funding energy efficiency programs and initiatives, as well as incentives for businesses and individuals to reduce their energy consumption. By encouraging energy efficiency, the bill seeks to lower overall energy costs for consumers and reduce the demand for energy resources. Furthermore, the bill addresses the issue of energy affordability by promoting renewable energy sources. The Make Energy Affordable Act includes provisions for funding renewable energy projects and incentivizing the use of clean energy sources. By investing in renewable energy, the bill aims to diversify the energy supply and reduce reliance on fossil fuels, which can help to stabilize energy prices in the long term. Overall, the Make Energy Affordable Act is a comprehensive piece of legislation that seeks to address the issue of rising energy costs in the United States. By providing financial assistance to low-income households, promoting energy efficiency, and investing in renewable energy, the bill aims to make energy more affordable for all Americans.
Alternative Names
Official Title as IntroducedTo direct the President to transmit to Congress a plan to address rising energy prices in the United States, and for other purposes.

Policy Areas
Energy

Comments

Recent Activity

Latest Summary11/23/2022

Make Energy Affordable Act

This bill requires the President to report on the rising energy prices. In addition, the President must provide updates on residential energy price trends, impacts of energy prices on low-income households...


Latest Action12/17/2021
Referred to the Subcommittee on Energy.