A bill to direct the Federal Energy Regulatory Commission to impose just and reasonable load-differentiated demand rates or cost-of-service based rates on sales by public utilities of electric energy at wholesale in the western energy market, and for other purposes.

This bill was introduced to address the extreme price volatility and supply shortages occurring during the Western Energy Crisis of 2000–2001. It would require federal regulators to set price caps or cost-based limits on wholesale electricity sales across the Western United States to prevent energy companies from charging excessive rates. Additionally, the bill would allow state regulators to prioritize local electricity needs by blocking utilities from selling power outside their service areas if doing so would cause local shortages.

For everyday citizens, these measures were intended to lower monthly utility bills and reduce the frequency of rolling blackouts by stabilizing the energy market. The bill also sought to increase transparency in the natural gas market and urged federal power agencies to take steps to minimize upcoming rate hikes for consumers. While the bill was the subject of several hearings, it did not move forward to become law, though federal regulators eventually implemented similar price mitigation measures.