119-hr2703

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2703 Introduced in House

    (IH) ]

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119th CONGRESS
 1st Session
 H. R. 2703

 To require the Federal Energy Regulatory Commission to establish a 
 shared savings incentive to return a portion of the savings 
 attributable to an investment in grid-enhancing technology to the 
 developer of that grid-enhancing technology, and for other purposes.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 April 8, 2025

Ms. Castor of Florida (for herself, Mr. Tonko, Mr. Peters, Mr. Casten, 
 Ms. Schrier, Mr. Mullin, and Mr. Huffman) introduced the following 
 bill; which was referred to the Committee on Energy and Commerce

_______________________________________________________________________

 A BILL

 To require the Federal Energy Regulatory Commission to establish a 
 shared savings incentive to return a portion of the savings 
 attributable to an investment in grid-enhancing technology to the 
 developer of that grid-enhancing technology, 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. SHORT TITLE.

 This Act may be cited as the ``Advancing Grid-Enhancing 
Technologies Act of 2025'' or the ``Advancing GETs Act of 2025''.

SEC. 2. DEFINITIONS.

 In this Act:

    (1) Commission.--The term ``Commission'' means the Federal 
 Energy Regulatory Commission.

    (2) Grid-enhancing technology.--The term ``grid-enhancing 
 technology'' means any hardware or software that--
        (A) increases the capacity, efficiency, 
 reliability, resilience, or safety of transmission 
 facilities and transmission technologies; and
        (B) is installed in addition to transmission 
 facilities and transmission technologies--
            (i) to give operators of the transmission 
 facilities and transmission technologies more 
 situational awareness and control over the 
 electric grid;
            (ii) to make the transmission facilities 
 and transmission technologies more efficient; 
 or
            (iii) to increase the transfer capacity of 
 the transmission facilities and transmission 
 technologies.

    (3) Secretary.--The term ``Secretary'' means the Secretary 
 of Energy.

SEC. 3. SHARED SAVINGS INCENTIVE FOR GRID-ENHANCING TECHNOLOGIES.

    (a) Definition of Developer.--In this section, the term 
``developer'', with respect to grid-enhancing technology, means the 
entity that pays to install the grid-enhancing technology.

    (b) Establishment of Shared Savings Incentive.--Not later than 18 
months after the date of enactment of this Act, the Commission shall 
promulgate a final rule to implement 

section 219

    (b)

    (3) of the Federal 
Power Act (16 U.S.C. 824s

    (b)

    (3) ) by providing a shared savings 
incentive that returns a portion of the savings attributable to an 
investment in grid-enhancing technology to the developer of that grid-
enhancing technology, in accordance with this section.
            (c) Requirements.--

    (1) In general.--The Commission shall determine the 
 percentage of savings attributable to an investment in grid-
 enhancing technology that can be returned to the developer of 
 that grid-enhancing technology pursuant to the shared savings 
 incentive established under subsection

    (b) , subject to the 
 conditions that the percentage--
        (A) is not less than 10 percent and not more than 
 25 percent;
        (B) is not determined on a per-project, per-
 investment, or case-by-case basis; and
            (C) is applied consistently to all investments in 
 grid-enhancing technology eligible for the shared 
 savings incentive, regardless of the type of grid-
 enhancing technology installed.

    (2) Time period for recovery.--The shared savings incentive 
 established under subsection

    (b) shall return a percentage, 
 determined in accordance with paragraph

    (1) , of the applicable 
 savings to the developer of the applicable grid-enhancing 
 technology over a period of 3 years.
            (d) Eligibility.--Subject to subsection

    (e) , the shared savings 
incentive established under subsection

    (b) shall apply with respect 
to--

    (1) any developer, with respect to the investment of that 
 developer in grid-enhancing technology that is installed as 
 described in 

section 2

    (2)
        (B) ; and

    (2) any grid-enhancing technology, including--
        (A) grid-enhancing technology that relates to new 
 transmission facilities or transmission technologies; 
 and
        (B) grid-enhancing technology that relates to 
 existing transmission facilities or transmission 
 technologies.

    (e) Limitations.--

    (1) Minimum savings.--
        (A) In general.--The shared savings incentive 
 established under subsection

    (b) shall apply with 
 respect to an investment in grid-enhancing technology 
 only if the expected savings attributable to the 
 investment over the 3-year period described in 
 subsection
            (c) (2) , as determined by the Commission, are 
 at least 4 times the cost of the investment.
        (B) Determination.--
            (i) In general.--The Commission shall 
 determine how to quantify the cost of an 
 investment and the expected savings 
 attributable to an investment for purposes of 
 subparagraph
        (A) .
            (ii) Costs.--For purposes of subparagraph
        (A) , the cost of an investment may include any 
 costs associated with the permitting, 
 installation, or purchase of the applicable 
 grid-enhancing technology.

    (2) Already installed gets.--The shared savings incentive 
 established under subsection

    (b) may not be applied with 
 respect to grid-enhancing technology that is already installed 
 as of the date of enactment of this Act.

    (3) Consumer protection.--The Commission shall determine 
 appropriate consumer protections for the shared savings 
 incentive established under subsection

    (b) .

    (f) Evaluation and Sunset of Shared Savings Incentive.--

    (1) Evaluation.--Not earlier than 7 years, and not later 
 than 10 years, after the shared savings incentive is 
 established under subsection

    (b) , the Commission shall--
        (A) evaluate the necessity and efficacy of the 
 shared savings incentive; and
        (B) determine whether to maintain, revise, or 
 suspend the shared savings incentive.

    (2) Consideration of order no. 1920.--In conducting the 
 evaluation under paragraph

    (1)
        (A) , the Commission shall 
 consider--
        (A) how the shared savings incentive aligns with 
 the requirement that grid-enhancing technologies be 
 considered in long-term regional transmission planning 
 under Order No. 1920 of the Commission, entitled 
 ``Building for the Future Through Electric Regional 
 Transmission Planning and Cost Allocation'' (89 Fed. 
 Reg. 49280 (June 11, 2024)) (or a successor order);
        (B) whether and how the shared savings incentive 
 should be revised to further align with that 
 requirement; and
            (C) whether, in light of that requirement, the 
 shared savings incentive should be maintained or 
 suspended.

    (3) Public comment.--In conducting the evaluation under 
 paragraph

    (1)
        (A) , the Commission shall provide an opportunity 
 for public comment, including by stakeholders.

SEC. 4. CONGESTION REPORTING.

    (a) Annual Reports.--

    (1) In general.--Beginning on the date that is 1 year after 
 the effective date of the rule promulgated under subsection

    (b) , all operators of transmission facilities or transmission 
 technologies shall submit to the Commission annual reports 
 containing data on the costs associated with congestion 
 management with respect to the transmission facilities or 
 transmission technologies, including all relevant constraints.

    (2) Requirement.--Each annual report submitted under 
 paragraph

    (1) shall identify--
        (A) with respect to each reported constraint that 
 caused more than $500,000 in associated costs--
            (i) the cause of the constraint, including 
 physical infrastructure and transient 
 disruptions; and
            (ii) the next limiting element type and its 
 identified rating limit; and
        (B) each constraint that will be addressed by 
 planned future upgrades to infrastructure and 
 facilities.

    (b) Rulemaking.--Not later than 18 months after the date of 
enactment of this Act, the Commission shall promulgate a final rule 
establishing a universal metric and protocol for the measuring and 
reporting of data under subsection

    (a) .
            (c) Uses of Data.--

    (1) Analyses.--
        (A) In general.--The Commission and the Secretary 
 shall each use the data submitted under subsection

    (a) to conduct analyses, as the Commission or the 
 Secretary, as applicable, determines to be appropriate.
        (B) Coordination.--The Commission and the Secretary 
 may coordinate with respect to any analyses conducted 
 using the data submitted under subsection

    (a) .

    (2) Map.--The Commission and the Secretary, acting jointly, 
 shall--
        (A) use the data submitted under subsection

    (a) to 
 create a map of costs associated with congestion 
 management in the transmission system; and
        (B) update that map not less frequently than once 
 each year.
            (d) Publication of Data and Map.--The Commission and the Secretary 
shall make the data submitted under subsection

    (a) and the map 
described in subsection
            (c) (2) publicly available on the websites of--

    (1) the Commission; and

    (2) the Department of Energy.

SEC. 5. GRID-ENHANCING TECHNOLOGY APPLICATION GUIDE.

    (a) Definition of Developer.--In this section, the term 
``developer'' means a developer of transmission facilities or 
transmission technologies, including a developer of transmission 
facilities or transmission technologies that pays to install grid-
enhancing technology with respect to those transmission facilities or 
transmission technologies.

    (b) Establishment of Application Guide.--Not later than 18 months 
after the date of enactment of this Act, the Secretary shall establish 
an application guide for utilities and developers seeking to implement 
grid-enhancing technologies.
            (c) Updates.--The guide established under subsection

    (b) shall be 
reviewed and updated annually.
            (d) Technical Assistance.--

    (1) In general.--On request of a utility or developer using 
 the guide established under subsection

    (b) , the Secretary shall 
 provide technical assistance to that utility or developer with 
 respect to the use of grid-enhancing technologies for 
 particular applications.

    (2) Clearinghouse.--In carrying out paragraph

    (1) , the 
 Secretary shall establish a clearinghouse of previously 
 completed grid-enhancing technology projects that the 
 Secretary, utilities, and developers may use to identify issues 
 and solutions relating to the use of grid-enhancing 
 technologies for particular applications.

    (e) Authorization of Appropriations.--There are authorized to be 
appropriated to carry out this section, to remain available until 
expended--

    (1) $5,000,000 for fiscal year 2025; and

    (2) $1,000,000 for each of fiscal years 2026 through 2036.
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