S. 186 · 115th Congress
Fair Ratepayer Accountability, Transparency, and Efficiency Standards Act
- Stage
- Passed a chamber
- Sponsor
- Ed Markey
- Introduced
- 2017-01-23
- Latest action
- 2018-09-05 · Held at the desk.
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.)