What does Preamble of HR 1148 do?

This bill amends the Public Utility Regulatory Policies Act of 1978. It requires states to consider prohibiting cost recovery related to smart grid projects. The bill's purpose is to address cost recovery for smart grid projects.

What does SHORT TITLE. of HR 1148 do?

This bill is formally titled the 'Stop Misappropriating Ratepayer Tariffs for Excessive Resources Act'.

What does SMART GRID COST RECOVERY. of HR 1148 do?

This section amends the Public Utility Regulatory Policies Act of 1978 (PURPA) regarding the recovery of costs associated with smart grid investments. It repeals Section 111(d)(18)(B) of PURPA and adds a new provision (22) to Section 111(d) prohibiting electric utilities from recovering smart grid-related costs from ratepayers. State regulatory authorities and nonregulated utilities are required to consider this new prohibition within one year of enactment and complete their consideration within two years. Failure to comply with the timelines outlined in Section 112 is addressed, referencing the enactment date of the new paragraph (22) rather than the Act itself. The section provides that subsections (b) and (c) of Section 112 do not apply if a state has already implemented a comparable standard or has taken steps towards implementation prior to the date of enactment. Section 124 of PURPA is also amended to reference the enactment date of paragraph (22) regarding prior actions.

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SMARTER Act — HR. 1148

Last updated: 2/7/2025 · Introduced: 2/7/2025

Author: Jefferson Van Drew (R-NJ)

TL;DR (AI)

This bill amends the Public Utility Regulatory Policies Act of 1978 to prohibit electric utilities from recovering costs associated with smart grid investments from ratepayers.
It requires state regulatory authorities and nonregulated utilities to consider this prohibition within one year of enactment and complete their consideration within two years.
The bill allows states that already have comparable standards or are taking steps towards implementation to be exempt from certain provisions.

119th Congressin committeeOfficial page

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Includes provisions on preamble, short title., and 1 more.

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