To amend the Federal Power Act to require the issuance of rules relating to shared savings frameworks for certain transmitting utilities, and for other purposes.

House Bill

H.R. 7729

119th Congress

To amend the Federal Power Act to require the issuance of rules relating to shared savings frameworks for certain transmitting utilities, and for other purposes.

In Committee

Introduced:Feb 26, 2026

Primary Sponsor

Sean Casten

D - IL

Cosponsors

0

Quick Stats

Summary

This bill would require new rules for how electric transmission utilities share the financial savings they achieve through efficiency improvements with their customers. Instead of utilities keeping all the profits when they reduce costs, this legislation aims to create frameworks where those savings are distributed more fairly between the company and ratepayers.

Latest Action

Referred to the House Committee on Energy and Commerce.

Introduced2/26/2026

StatusReferred to the House Committee on Energy and Commerce.

ChamberHouse

Data from Congress.gov

See this page through your district lens

Enter ZIP to personalize representatives and vote context.

Stay on top of this issue

Subscribe for weekly bill and representative updates.

Vote Prediction

To amend the Federal Power Act to require the issuance of rules relating to shared savings frameworks for certain transmitting utilities, and for other purposes.

This bill would require new rules for how electric transmission utilities share the financial savings they achieve through efficiency improvements with their customers. Instead of utilities keeping all the profits when they reduce costs, this legislation aims

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill would require new rules for how electric transmission utilities share the financial savings they achieve through efficiency improvements with their customers. Instead of utilities keeping all the profits when they reduce costs, this legislation aims to create frameworks where those savings are distributed more fairly between the company and ratepayers.

Bill Number: 7729
Introduced: 2/26/2026
Status: Referred to the House Committee on Energy and Commerce.

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: To amend the Federal Power Act to require the issuance of rules relating to shared savings frameworks for certain transmitting utilities, and for other purposes.
Bill Number: 7729
Sponsor: No sponsor
Status: Referred to the House Committee on Energy and Commerce.
Introduced: 2/26/2026
Summary: This bill would require new rules for how electric transmission utilities share the financial savings they achieve through efficiency improvements with their customers. Instead of utilities keeping all the profits when they reduce costs, this legislation aims to create frameworks where those savings

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill would require new rules for how electric transmission utilities share the financial savings they achieve through efficiency improvements with their customers. Instead of utilities keeping all the profits when they reduce costs, this legislation aims to create frameworks where those savings are distributed more fairly between the company and ratepayers.

Last updated: 2/27/2026

Key Points

Main provisions of the bill

Requires federal regulators to establish 'shared savings' rules for electric transmission utilities that must pass cost-saving benefits to customers
Aims to incentivize transmission companies to find efficiencies by letting them keep some savings while ensuring ratepayers benefit too
Could lower electricity transmission costs for consumers if utilities are motivated to operate more efficiently
Addresses the current system where utilities may have limited incentive to reduce costs since they typically earn returns on their investments

How This Impacts Americans

Potential effects on citizens and communities

This bill would directly affect electricity customers across the country by potentially reducing the transmission portion of their electric bills when utilities find ways to operate more efficiently. Electric transmission utilities would need to adapt their business practices to new savings-sharing requirements, though they could benefit from keeping a portion of achieved efficiencies. The Federal Energy Regulatory Commission would gain new rulemaking authority to oversee these shared savings frameworks.

Policy Areas

No policy areas assigned yet.

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

7729, 119th Congress (2026). "To amend the Federal Power Act to require the issuance of rules relating to shared savings frameworks for certain transmitting utilities, and for other purposes.". Source: Voter's Right Platform. https://votersright.org/bills/119-hr-7729

Public Opinions

Community submissions related to this bill.

Share your opinion

No public opinions yet. Be the first to submit one for this bill.