Amends section 362(c)(7)(B) of the Energy Policy and Conservation Act by inserting the text "REWIRE Act" before the semicolon at the end.

Amends Section 219 of the Federal Power Act (16 U.S.C. 824s) to alter timing language in subsection (a), make text insertions in subsections (b) and (c), revise subsection (d) rate language, and add a new subsection (e) establishing a rulemaking to improve return on equity for investments in advanced transmission conductors and affirming consumer-protection standards.

Inserts a new section 216A into part II of the Federal Power Act (16 U.S.C. 824 et seq.) establishing a categorical exclusion for certain grid capacity expansion activities within existing rights-of-way or on previously disturbed or developed land from NEPA environmental assessment or environmental impact statement requirements.