Requires the Federal Energy Regulatory Commission (FERC) to publish a cost-benefit analysis before issuing any decision that would either: (1) authorize creation of a new capacity zone, or (2) affect the supply and demand curves or models used to determine prices at points in a capacity zone.
Prohibits FERC from issuing any such decision if it determines that such analysis shows that costs will be raised for ratepayers.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4327 Introduced in House (IH)]
113th CONGRESS
2d Session
H. R. 4327
To prohibit the Federal Energy Regulatory Commission from issuing
certain decisions that will raise costs for ratepayers, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 27, 2014
Mr. Sean Patrick Maloney of New York (for himself and Mr. Gibson)
introduced the following bill; which was referred to the Committee on
Energy and Commerce
_______________________________________________________________________
A BILL
To prohibit the Federal Energy Regulatory Commission from issuing
certain decisions that will raise costs for ratepayers, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. PROHIBITION AGAINST CERTAIN FERC DECISIONS THAT WILL RAISE
COSTS FOR RATEPAYERS.
(a) Cost-Benefit Analysis.--Prior to issuing a decision described
in subsection (b), the Federal Energy Regulatory Commission shall
publish a cost-benefit analysis of such decision, including the likely
financial impact of such decision on ratepayers.
(b) Decisions.--This section applies to any decision by the Federal
Energy Regulatory Commission that will--
(1) authorize the creation of a new capacity zone; or
(2) affect the supply and demand curves or models used to
determine prices at points in a capacity zone.
(c) Prohibition.--If the Federal Energy Regulatory Commission
determines, through a cost-benefit analysis published under subsection
(a), that a decision described in subsection (b) will raise costs for
ratepayers, then the Commission may not issue such decision.
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Introduced in House
Introduced in House
Referred to the House Committee on Energy and Commerce.
Referred to the Subcommittee on Energy and Power.
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