Renewable Energy Certainty Act

H.R. 3001, the Renewable Energy Certainty Act, would allow federal agencies to sign long-term contracts for renewable energy and high-efficiency power for up to 30 years, doubling the current 15-year limit. To simplify this process, the bill also requires the government to create a standardized contract that all agencies can use when purchasing this energy.

For citizens, this change is intended to lower the cost of government operations by allowing agencies to lock in stable, long-term energy prices, similar to a fixed-rate mortgage. By providing energy developers with the security of a 30-year commitment, the bill aims to encourage private investment in new solar, wind, and efficiency projects, ultimately making the federal power supply more predictable and cost-effective for taxpayers.