,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #ajhjd  ,,9 ,,! ,,h\se ,,(         
,,repres5tatives  ,octob] #ac1 #bjbf,mr4
 ,riley ( ,new ,york introduc$ ! foll[+ 
bill2 :i* 0 ref]r$ to ! ,committee on   
,en]gy & ,comm]ce  ,a ,,bill  ,to       
e/abli% p5alties = ! failure (          
inve/or-own$ electric utilities to meet 
,/ate p]=mance t>gets4  #a4 ,%ort title 
,?is ,act may be cit$ z ! ,utility      
,acc\ntability ,act4  #b4 ,p5alties =   
failure ( inve/or-own$ electric         
utilities to meet ,/ate p]=mance t>gets 
7a7 ,c]tification ( audits ,ea* ,/ate   
regulatory au?ority t annually audits   
:e!r inve/or-own$ electric utilities1 ) 
respect to :i* ! ,/ate regulatory       
au?ority has ratemak+ au?ority1 meet    
,/ate p]=mance /&>ds %all annually      
c]tify to ! ,secret>y :e!r ea* su*      
inve/or-own$ electric utility meets su* 
/&>ds = ! ye>1 z det]m9$ by ! ,/ate     
regulatory au?ority4  7b7 ,p5alties     
7#a7 ,bill cr$its  7,a7 ,9 g5]al ,if a  
,/ate regulatory au?ority c]tifies "u   

subsection 7a7 t an inve/or-own$        
electric utility1 ) respect to :i* !    
,/ate regulatory au?ority has ratemak+  
au?ority1 fail$ to meet ,/ate p]=mance  
/&>ds = a ye>1 ! ,secret>y %all ord] !  
,/ate regulatory au?ority to direct !   
inve/or-own$ electric utility t did n   
meet ,/ate p]=mance /&>ds to1 beg9n+ 9 !
 foll[+ ye>1 annually provide to ea*    
resid5tial cu/om] ( ! inve/or-own$      
electric utility a bill cr$it until !   
inve/or-own$ electric utility meets     
,/ate p]=mance /&>ds4  7,b7 ,am\nt (    
bill cr$its ,! am\nt ( ! bill cr$it     
provid$ to a resid5tial cu/om] "u       
subp>agraph 7,a7 = a ye> %all be--  7i7 
equal to #ajj = ! fir/ ye>2 &  7ii7     
increas$ by #ajj ea* ye>4  7,c7         
,prohibition on pass+ co/s onto         
resid5tial cu/om]s ,an inve/or-own$     
electric utility t provides bill cr$its 
to resid5tial cu/om]s ( ! inve/or-own$  
electric utility z requir$ by           
subp>agraph 7,a7 %all *>ge ! inve/ors ( 
! inve/or-own$ electric utility to pay =

 ! co/ ( provid+ su* bill cr$its4  7#b7 
,)hold+ ( assi/ance ,if a ,/ate         
regulatory au?ority fails to comply ) an
 ord] ( ! ,secret>y "u p>agraph         
7#a77;,a71 ! ,secret>y may )hold provid+
 assi/ance1 includ+ grants1 loans1 loan 
gu>antees1 & te*nical assi/ance1 to su* 
,/ate regulatory au?ority until ! ,/ate 
regulatory au?ority complies ) ! ord]4  
7c7 ,def9itions ,9 ?is section3 7#a7    
,ratemak+ au?ority2 ,/ate regulatory    
au?ority ,! t]ms ratemak+ au?ority &    
,/ate regulatory au?ority h ! mean+s    
giv5 su* t]ms1 respectively1 9 section  
#c ( ! ,public ,utility ,regulatory     
,policies ,act ( #aigh 7#af ,u4,s4,c4   
#bfjb74  7#b7 ,secret>y ,! t]m ,secret>y
 means ! ,secret>y ( ,en]gy4  7#c7 ,/ate
 p]=mance /&>ds ,! t]m ,/ate p]=mance   
/&>ds includes electric reliability     
/&>ds & electric safety /&>ds4