Summary
The Electric Reliability Security Act of 2005 (S. 426) aims to strengthen the national power grid by establishing mandatory reliability standards and increasing federal oversight of the electricity supply. The bill would create an Electricity Outage Investigation Board to study major blackouts and would require utility companies to implement energy efficiency programs to reduce peak power demand. For everyday citizens, this legislation would introduce "net metering," allowing consumers who generate their own power (such as through solar panels) to receive credit on their utility bills for excess energy sent back to the grid. Additionally, the bill seeks to lower long-term energy costs and improve service stability by providing federal support for innovative renewable energy technologies and system upgrades.
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