Search Results for keywords:"shared savings incentive"

Search Results: keywords:"shared savings incentive"

S. 1327 — 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.
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April 08, 2025
Status:Introduced in Senate
Congress:119
Words:1,965
S. 1327 requires the Federal Energy Regulatory Commission to create an incentive program that shares savings from investments in grid-enhancing technology with the developers of those technologies. This would apply to technologies that improve the efficiency, reliability, or...
Simple Explanation
S. 1327 is a rule that says when people make the electricity grid better and save money, the creators of those improvements should get some of the savings. It wants to make the grid work well so lights stay on, and tells the government to help make sure this happens safely and fairly.
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.
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April 08, 2025
Status:Introduced in House
Congress:119
Words:1,983
H.R. 2703, titled the “Advancing Grid-Enhancing Technologies Act of 2025,” requires the Federal Energy Regulatory Commission to create a shared savings incentive to encourage the development of grid-enhancing technologies. This incentive allows a portion of savings from these...
Simple Explanation
The bill wants to give people who make new ways to improve our electricity grid some of the money saved by their smart ideas, helping everyone get better power while making sure those inventors have a good reason to keep making cool new stuff.
H. R. 7624 — 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.
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March 12, 2024
Status:Introduced in House
Congress:118
Words:1,529
H.R. 7624, titled the "Advancing Grid-Enhancing Technologies Act of 2024," requires the Federal Energy Regulatory Commission to create a shared savings incentive program. This program aims to return a portion of the savings from investments in grid-enhancing technologies to the developers of...
Simple Explanation
The bill wants to reward people who make new tools to help the electricity grid work better by giving them some of the money saved, and it asks for rules to keep it fair and safe for everyone using electricity.
S. 3918 — 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.
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March 12, 2024
Status:Introduced in Senate
Congress:118
Words:1,527
The bill, titled the “Advancing Grid-Enhancing Technologies Act of 2024,” directs the Federal Energy Regulatory Commission to create a shared savings incentive program. This program aims to return a portion of the financial savings from investments in grid-enhancing technology back to the...
Simple Explanation
The bill wants to give some money back to people who make new technology that improves the power grid, but only if the technology saves a lot of money—at least four times what it costs. It also plans to spend money each year to teach people how to use this new technology.

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