Enhancing Electric Grid Resilience Act

The Enhancing Electric Grid Resilience Act modifies the Federal Power Act to establish new rules for how costs are assigned to major new or upgraded interstate power transmission lines. This legislation directly affects electric utilities and the Federal Energy Regulatory Commission by requiring them to file tariffs that allocate expenses based on where the benefits of the project are felt, such as improved reliability and economic value. Specifically, the bill applies to new lines with at least 1,000 megawatts of capacity or upgrades adding 500 megawatts, ensuring that customers in the regions receiving these benefits share the costs proportionally. The law maintains the Commission's existing authority to handle cost allocations for transmission projects that do not meet these specific national significance criteria.