To amend the Public Utility Regulatory Policies Act of 1978 to require States to consider prohibiting cost recovery related to smart grid projects, and for other purposes.

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Legislation Details

Amends the Public Utility Regulatory Policies Act of 1978.
Requires states to consider prohibiting cost recovery for smart grid projects.
Repeals a specific provision related to ratemaking standards.
Establishes a new prohibition on electric utilities recovering costs associated with smart grid systems from ratepayers.
Mandates state regulatory authorities to begin consideration of this prohibition within one year of enactment.
Requires completion of consideration and determination regarding the prohibition within two years of enactment.
Specifies that prior state actions regarding similar standards will not affect the new prohibition.
Clarifies that references to the date of enactment in certain sections pertain to the new prohibition.

Amends the Public Utility Regulatory Policies Act of 1978.
Requires states to consider prohibiting cost recovery for smart grid projects.
Repeals a specific provision related to ratemaking standards.
Establishes a new prohibition on electric utilities recovering costs associated with smart grid systems from ratepayers.
Mandates state regulatory authorities to begin consideration of this prohibition within one year of enactment.
Requires completion of consideration and determination regarding the prohibition within two years of enactment.
Specifies that prior state actions regarding similar standards will not affect the new prohibition.
Clarifies that references to the date of enactment in certain sections pertain to the new prohibition.