3.0.0 716 2023-01-15T23:03:26Z 2023-01-15T23:03:26Z Senate S S 2003-03-26 108 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2003-03-26T20:14:41Z 2003-03-26 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. IntroReferral 2003-03-26 Sponsor introductory remarks on measure. (CR S4442-4443) IntroReferral B00100 9 Library of Congress 2003-03-26 Introduced in Senate IntroReferral 10000 9 Library of Congress L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA N L000447 Sen. Lott, Trent [R-MS] CHESTER LOTT R MS TRENT 2003-05-05 False Energy Administrative procedure Capital investments Congress Congressional reporting requirements Electric power distribution Electric power production Electric power transmission Electric utilities Electric utility rates Federal Energy Regulatory Commission Federal-state relations Finance and Financial Sector Government Operations and Politics Independent regulatory commissions Law Power marketing administrations Public utility regulation Regional planning State laws Tennessee Valley development Energy 00 2003-03-26 Introduced in Senate 2003-07-25T19:06:06Z Federal Power Act Amendments Act of 2003 - Amends the Federal Power Act to provide that Federal regulation of electric energy transmission and sales shall not extend to those matters which are subject to regulation by the States, including the retail sale of electric energy and any component service.

Denies the Federal Energy Regulatory Commission (FERC) jurisdiction over: (1) bundled retail sales of electric energy (sales of electric energy to retail customers where generation, transmission, distribution, and other services necessary to supply electric energy to such customers are sold as a single delivered service by a single seller); and (2) the transmission component of sales of electric energy to retail customers.

Requires FERC, upon request of a Regional Transmission Organization or any FERC-authorized transmission entity, to authorize the recovery of costs on a participant-funding basis of transmission facilities that increase the transfer capability of the transmission system.

Directs FERC to establish technical standards and procedures for the interconnection of facilities used for the transmission of electric energy in interstate commerce with facilities used for the generation of electric energy.

Instructs FERC to ensure, in setting rates for transmission services, that all jurisdictional uses of transmission facilities bear an allocation of the embedded costs of the facilities, as well as the costs of other services ancillary to the transmission of electric energy.

Directs FERC to promulgate pricing policies and standards to promote expansion and improvement of interstate transmission networks through incentive-based, performance-based, participant-funded and cost of service-based rate treatments to ensure reliability of the electric system, to support interstate wholesale markets for electric power, and to expand transmission transfer capacity needed to sustain wholesale competition.

Directs FERC to convene regional discussions with State and other retail regulatory commissions to address whether wholesale electric markets in each region (especially regions without a regional transmission organization) are working effectively to provide reliable service to electric consumers in the region at the lowest reasonable cost.

Authorizes FERC to require an unregulated transmitting utility to provide open access transmission services.

]]> Federal Power Act Amendments Act of 2003 Display Title Federal Power Act Amendments Act of 2003 Official Title as Introduced A bill to amend the Federal Power Act to improve the electricity transmission system of the United States. Introduced in Senate IS Short Titles as Introduced Federal Power Act Amendments Act of 2003 Introduced in Senate 2003-03-26T05:00:00Z 2003-03-26 Read twice and referred to the Committee on Energy and Natural Resources. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.