H.R.381 - Ratepayer Protection Act107th Congress (2001-2002)
|Sponsor:||Rep. Stearns, Cliff [R-FL-6] (Introduced 01/31/2001)|
|Committees:||House - Energy and Commerce|
|Latest Action:||02/14/2001 Referred to the Subcommittee on Energy and Air Quality. (All Actions)|
This bill has the status Introduced
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Summary: H.R.381 — 107th Congress (2001-2002)All Bill Information (Except Text)
Ratepayer Protection Act - Declares that no electric utility shall be required to enter into a new contract or obligation to purchase or sell electric energy or capacity pursuant to the Public Utility Regulatory Policies Act of 1978 governing cogeneration and small power production.
Introduced in House (01/31/2001)
Directs the Federal Energy Regulatory Commission to promulgate and enforce regulations to assure that no utility shall be required to absorb the costs associated with electric energy or capacity purchases from a qualifying facility executed before this Act's enactment date, and governed by such provisions (thus assuring such utilities recovery of all costs associated with such purchases). Provides that such regulations shall be treated as a rule enforceable under the Federal Power Act.