S. 3581, also known as the “Hydropower Delivery Rate-reduction Offset Act of 2024” or the “HYDRO Act of 2024,” mandates the Administrator of the Western Area Power Administration to lower electricity rates for certain customers when there are significant shortfalls in power...
Simple Explanation
S. 3581 is a bill that wants to help people pay less money for electricity when there's not enough power being made at big water-powered plants, because sometimes there’s not enough water. It tells the people in charge to lower the cost for electricity until the end of 2031 to help everyone pay fair prices during such times.