,,ii #aah? ,,congress #b;d ,session ,s4 #ciah ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #ab1 #bjbd,mr4 ,wel* 7= himself & ,mr4 ,k+7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to require ! ,f$]al ,en]gy ,regulatory ,commission to e/abli% a %>$ sav+s inc5tive to return a portion ( ! sav+s attributable to an inve/m5t 9 grid-enhanc+ te*nology to ! develop] ( t grid-enhanc+ te*nology1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,advanc+ ,grid-,enhanc+ ,te*nologies ,act ( #bjbd or ! ,advanc+ ,g,e,ts ,act ( #bjbd4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,commission ,! t]m ,commission means ! ,f$]al ,en]gy ,regulatory ,commission4 7#b7 ,grid-enhanc+ te*nology ,! t]m grid-enhanc+ te*nology means any h>dw>e or s(tw>e t-- 7,a7 increases ! capacity1 effici5cy1 reliability1 resili5ce1 or safety ( transmission facilities & transmission te*nologies2 & 7,b7 is in/all$ 9 addition to transmission facilities & transmission te*nologies-- 7i7 to give op]ators ( ! transmission facilities & transmission te*nologies m situational aw>5ess & control ov] ! electric grid2 7ii7 to make ! transmission facilities & transmission te*nologies m effici5t2 or 7iii7 to increase ! transf] capacity ( ! transmission facilities & transmission te*nologies4 7#c7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,en]gy4 #c4 ,%>$ sav+s inc5tive = grid-enhanc+ te*nologies 7a7 ,def9ition ( develop] ,9 ?is section1 ! t]m develop]1 ) respect to grid-enhanc+ te*nology1 means ! entity t pays to in/all ! grid-enhanc+ te*nology4 7b7 ,e/abli%m5t ( %>$ sav+s inc5tive ,n lat] ?an ,july #a1 #bjbe1 ! ,commission %all promulgate a f9al rule to implem5t section #bai7;b77#c7 ( ! ,f$]al ,p[] ,act 7#af ,u4,s4,c4 #hbds7b77#c77 by provid+ a %>$ sav+s inc5tive t returns a portion ( ! sav+s attributable to an inve/m5t 9 grid-enhanc+ te*nology to ! develop] ( t grid-enhanc+ te*nology1 9 accordance ) ?is section4 7c7 ,requirem5ts 7#a7 ,9 g5]al ,! ,commission %all det]m9e ! p]c5tage ( sav+s attributable to an inve/m5t 9 grid-enhanc+ te*nology t c be return$ to ! develop] ( t grid-enhanc+ te*nology pursuant to ! %>$ sav+s inc5tive e/abli%$ "u subsection 7b71 subject to ! condition t ! p]c5tage is n less ?an #aj p]c5t & n m ?an #be p]c5t4 7#b7 ,"t p]iod = recov]y ,! %>$ sav+s inc5tive e/abli%$ "u subsection 7b7 %all return a p]c5tage1 det]m9$ 9 accordance ) p>agraph 7#a71 ( ! applicable sav+s to ! develop] ( ! applicable grid-enhanc+ te*nology ov] a p]iod ( #c ye>s4 7d7 ,eligibility ,subject to subsection 7e71 ! %>$ sav+s inc5tive e/abli%$ "u subsection 7b7 %all apply ) respect to-- 7#a7 any develop]1 ) respect to ! inve/m5t ( t develop] 9 grid-enhanc+ te*nology t is in/all$ z describ$ 9 section #b7b77;,b72 & 7#b7 any grid-enhanc+ te*nology1 includ+-- 7,a7 grid-enhanc+ te*nology t relates to new transmission facilities or te*nologies2 & 7,b7 grid-enhanc+ te*nology t relates to exi/+ transmission facilities or te*nologies4 7e7 ,limitations 7#a7 ,m9imum sav+s 7,a7 ,9 g5]al ,! %>$ sav+s inc5tive e/abli%$ "u subsection 7b7 %all apply ) respect to an inve/m5t 9 grid-enhanc+ te*nology only if ! expect$ sav+s attributable to ! inve/m5t ov] ! #c-ye> p]iod describ$ 9 subsection 7c77#b71 z det]m9$ by ! ,commission1 are at lea/ #d times ! co/ ( ! inve/m5t4 7,b7 ,det]m9ation 7i7 ,9 g5]al ,! ,commission %all det]m9e h[ to quantify ! co/ ( an inve/m5t & ! expect$ sav+s attributable to an inve/m5t = purposes ( subp>agraph 7,a74 7ii7 ,co/s ,= purposes ( subp>agraph 7,a71 ! co/ ( an inve/m5t may include any co/s associat$ ) ! p]mitt+1 in/allation1 or pur*ase ( ! applicable grid-enhanc+ te*nology4 7#b7 ,already in/all$ ,g,e,ts ,! %>$ sav+s inc5tive e/abli%$ "u subsection 7b7 may n be appli$ ) respect to grid-enhanc+ te*nology t is already in/all$ z ( ! date ( enactm5t ( ?is ,act4 7#c7 ,consum] protection ,! ,commission %all det]m9e appropriate consum] protections = ! %>$ sav+s inc5tive e/abli%$ "u subsection 7b74 #d4 ,conge/ion report+ 7a7 ,9 g5]al ,beg9n+ on ! date t is #a ye> aft] ! effective date ( ! rule promulgat$ "u subsection 7b71 all op]ators ( transmission facilities or te*nologies %all submit to ! ,commission annual reports conta9+ data on ! co/s associat$ ) conge/ion managem5t ) respect to ! transmission facilities or te*nologies4 7b7 ,rulemak+ ,n lat] ?an ,july #a1 #bjbe1 ! ,commission %all promulgate a f9al rule e/abli%+ a univ]sal metric & protocol = ! measur+ & report+ ( data "u subsection 7a74 7c7 ,uses ( data 7#a7 ,analyses 7,a7 ,9 g5]al ,! ,commission & ! ,secret>y %all ea* use ! data submitt$ "u subsection 7a7 to conduct analyses1 z ! ,commission or ! ,secret>y1 z applicable1 det]m9es to be appropriate4 7,b7 ,coord9ation ,! ,commission & ! ,secret>y may coord9ate ) respect to any analyses conduct$ us+ ! data submitt$ "u subsection 7a74 7#b7 ,map ,! ,commission & ! ,secret>y1 act+ jo9tly1 %all-- 7,a7 use ! data submitt$ "u subsection 7a7 to create a map ( co/s associat$ ) conge/ion managem5t 9 ! transmission sy/em2 & 7,b7 update t map n less frequ5tly ?an once ea* ye>4 7d7 ,publication ( data & map ,! ,commission & ! ,secret>y %all make ! data submitt$ "u subsection 7a7 & ! map describ$ 9 subsection 7c77#b7 publicly available on ! websites (-- 7#a7 ! ,commission2 & 7#b7 ! ,dep>tm5t ( ,en]gy4 #e4 ,grid-enhanc+ te*nology application guide 7a7 ,def9ition ( develop] ,9 ?is section1 ! t]m develop] means a develop] ( transmission facilities or transmission te*nologies1 includ+ a develop] ( transmission facilities or transmission te*nologies t pays to in/all grid-enhanc+ te*nology ) respect to ^? transmission facilities or transmission te*nologies4 7b7 ,e/abli%m5t ( application guide ,n lat] ?an ,july #a1 #bjbe1 ! ,secret>y %all e/abli% an application guide = utilities & develop]s seek+ to implem5t grid-enhanc+ te*nologies4 7c7 ,updates ,! guide e/abli%$ "u subsection 7b7 %all be review$ & updat$ annually4 7d7 ,te*nical assi/ance 7#a7 ,9 g5]al ,on reque/ ( a utility or develop] us+ ! guide e/abli%$ "u subsection 7b71 ! ,secret>y %all provide te*nical assi/ance to t utility or develop] ) respect to ! use ( grid-enhanc+ te*nologies = p>ticul> applications4 7#b7 ,cle>+h\se ,9 c>ry+ out p>agraph 7#a71 ! ,secret>y %all e/abli% a cle>+h\se ( previ\sly complet$ grid-enhanc+ te*nology projects t ! ,secret>y1 utilities1 & develop]s may use to id5tify issues & solutions relat+ to ! use ( grid-enhanc+ te*nologies = p>ticul> applications4 7e7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to c>ry out ?is section1 to rema9 available until exp5d$-- 7#a7 #e1jjj1jjj = fiscal ye> #bjbd2 & 7#b7 #a1jjj1jjj = ea* ( fiscal ye>s #bjbe ?r\gh #bjce4