Summary
The Interstate Transmission Act (H.R. 2814) aims to modernize the nation’s power grid by establishing mandatory reliability standards for the bulk-power system and encouraging the development of regional transmission organizations. The bill would grant the Federal Energy Regulatory Commission (FERC) expanded authority to oversee electricity transmission rates and enforce compliance with new safety and efficiency rules. For everyday citizens, these changes are designed to improve the stability of the electrical grid to prevent blackouts and promote more competitive pricing for electricity across state lines. Additionally, the bill seeks to streamline the construction of new power lines and foster international cooperation with Canada and Mexico to ensure a more resilient North American energy network.
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