Energy PRICE Act

Hozzl · 2022-02-09T03:11:38Z

Explore the details of House Bill 5742 Energy PRICE Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Energy. Stay informed on legislative developments.

2/9/2022, 3:11 AM

Congressional Summary of HR 5742

Energy Prices Require Including Climate Externalities Act or the Energy PRICE Act

This bill requires the Federal Energy Regulatory Commission (FERC) to direct electric utilities to take greenhouse gas emissions into account when they set their rates for the wholesale sale of electricity. Specifically, if FERC determines that the rates do not incorporate the cost of such emissions to public health, safety, or welfare, then FERC must find that the rates are unjust, unreasonable, unduly discriminatory, or preferential.

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Current Status of Bill HR 5742

Bill HR 5742 is currently in the status of Bill Introduced since February 3, 2020. Bill HR 5742 was introduced during Congress 116 and was introduced to the House on February 3, 2020. Bill HR 5742's most recent activity was Referred to the House Committee on Energy and Commerce. as of February 3, 2020

Bipartisan Support of Bill HR 5742

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5742

Primary Policy Focus

Energy

Potential Impact Areas

- Air quality

- Climate change and greenhouse gases

- Consumer affairs

- Electric power generation and transmission

- Energy prices

- Environmental health

- Public utilities and utility rates

Alternate Title(s) of Bill HR 5742

Energy PRICE Act

To direct the Federal Energy Regulatory Commission to find that certain rates for electricity are inherently unjust and unreasonable, and for other purposes.

Energy PRICE Act

Energy Prices Require Including Climate Externalities Act