H.R. 2984 · 114th Congress
Fair Ratepayer Accountability, Transparency, and Efficiency Standards Act
- Stage
- Passed a chamber
- Sponsor
- Joseph Kennedy
- Introduced
- 2015-07-08
- Latest action
- 2016-03-15 · Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
Summary
Fair Ratepayer Accountability, Transparency, and Efficiency Standards Act or the Fair RATES Act
This bill amends the Federal Power Act to permit a party to seek a rehearing and subsequent judicial review of any rate change filed by a public utility that takes effect without the Federal Energy Regulatory Commission (FERC) issuing an order making such change effective. (Public utilities must give FERC and the public a 60-day notice before a proposed rate change can take effect.)