U.S. Congress - S.2660 Consumer Protection and Cost Accountability Act
S.2660 - Consumer Protection and Cost Accountability Act
A bill to amend the Federal Power Act to ensure that the mission and functions of Regional Transmission Organizations and Independent System Operators include keeping energy costs as low as reasonably possible for consumers, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to amend the Federal Power Act to ensure that the mission and functions of Regional Transmission Organizations and Independent System Operators include keeping energy costs as low as reasonably possible for consumers, and for other purposes. as introduced.
- Short: Consumer Protection and Cost Accountability Act as introduced.
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Official Summary
2/25/2008--Introduced.Consumer Protection and Cost Accountability Act - Amends the Federal Power Act to require the Federal Energy Regulatory Commission (FERC) to consider whether a rate or charge made, demanded, or received by a Transmission Organization (TO) would enable the TO to providOfficial Summary
2/25/2008--Introduced.Consumer Protection and Cost Accountability Act - Amends the Federal Power Act to require the Federal Energy Regulatory Commission (FERC) to consider whether a rate or charge made, demanded, or received by a Transmission Organization (TO) would enable the TO to provide or facilitate reliable service to consumers at the lowest reasonable cost.
Instructs FERC, in determining whether a TO filing to establish or change a rate or charge is consistent with specified requirements, to consider whether the rate or charge would:
(1) provide consumer benefits that outweigh any anticipated costs to consumers as demonstrated by a cost-benefit analysis submitted by the TO; or
(2) have only a de minimis impact upon the total delivered costs to the consumer.
Directs FERC to ensure that each TO is subject to biennial, independent audits.
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Recent Blog Coverage
Survey: Public Opposes Drug Company Gifts
The proposed ban on gifts to doctors from pharmaceutical companies in the Senate health care cost and quality bill (S. 2660) has been grabbing headlines and op-ed space since it was first introduced in March, and now a new survey ...
Survey: Public Opposes Drug Company Gifts
The proposed ban on gifts to doctors from pharmaceutical companies in the Senate health care cost and quality bill (S. 2660) has been grabbing headlines and op-ed space since it was first introduced in March, and now a new survey ...
WashingtonWatch.com - S. 2660, The Consumer Protection and Cost ...
US Congress: S. 2660, The Consumer Protection and Cost Accountability Act.
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