,i #aai? ,,congress #b;d ,session ,h4 ,r4 #hefh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #bi1 #bjbf,mr4 ,cas> 7= himself1 ,mr4 ,riley ( ,new ,york1 ,mr4 ,ryan1 ,ms4 ,ans>i1 ,mrs4 ,f\%ee1 ,mr4 ,g>ca ( ,ill9ois1 ,mr4 ,goldman ( ,new ,york1 ,ms4 ,goodl&]1 ,mr4 ,gre5 ( ,texas1 ,mrs4 ,grijalva1 ,ms4 ,norton1 ,mr4 ,johnson ( ,georgia1 ,mr4 ,mannion1 ,mrs4 ,mc,clain ,delaney1 ,mr4 ,m5efee1 ,mr4 ,mfume1 ,mr4 ,mrvan1 ,ms4 ,simon1 ,mr4 ,subramanyam1 ,mr4 ,?an$>1 ,ms4 ,tlaib1 & ,mrs4 ,watson ,coleman7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to am5d ! ,f$]al ,p[] ,act & ! ,public ,utility ,regulatory ,policies ,act ( #aigh to require inve/or own$ electric utilities & gas utilities & transmission provid]s to1 :5 e/abli%+ or calculat+ a return on equity1 e/abli% or calculate ! return on equity at ! l[e/ return on equity 9 an e/abli%$ range ( reasonabl5ess1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,l[]+ ,utility ,bills ,act4 #b4 ,requirem5ts = & relat+ to transmission provid]s 7a7 ,9 g5]al ,! ,f$]al ,p[] ,act is am5d$ by ins]t+ aft] section #bjf 7#af ,u4,s4,c4 #hbd;e7 ! foll[+3 #bjf;,a4 ,requirem5ts = & relat+ to transmission provid]s 7a7 ,return on ,equity 7#a7 ,range ( reasonabl5ess = return on equity 7,a7 ,e/abli%m5t ,:5 e/abli%+ an au?oriz$ return on equity = a transmission provid] = purposes ( any *ange to be made by su* transmission provid] 9 any rate or *>ge1 ! ,commission %all1 subject to subp>agraph 7,c71 e/abli% a range ( reasonabl5ess = ! return on equity t is compris$ ( ?ree data po9ts1 ea* ( :i* repres5t a return on equity repres5t$ by a curr5t av]age expect$ #aj-ye> total or l>ge-cap ,unit$ ,/ates equity m>ket return or equival5t measure det]m9$ 9 accordance ) subp>agraph 7,b74 7,b7 ,data po9t det]m9ations 7i7 ,data po9t #a ,! ,commission %all det]m9e "o data po9t to be includ$ 9 a range ( reasonabl5ess e/abli%$ "u subp>agraph 7,a7 by-- 7,i7 id5tify+ ! midpo9t expect$ #aj-ye> total or l>ge-cap ,unit$ ,/ates equity m>ket return or equival5t measure z e/imat$ by f9ancial academics = ea* ( ! previ\s #e ye>s2 & 7,,ii7 us+ ! av]age ( su* midpo9ts4 7ii7 ,data po9t #b ,! ,commission %all det]m9e "o data po9t to be includ$ 9 a range ( reasonabl5ess e/abli%$ "u subp>agraph 7,a7 by-- 7,i7 id5tify+ ! midpo9t expect$ #aj-ye> total or l>ge-cap ,unit$ ,/ates equity m>ket return or equival5t measure z e/imat$ by f9ancial in/itutions = ea* ( ! previ\s #e ye>s2 & 7,,ii7 us+ ! av]age ( su* midpo9ts4 7iii7 ,data po9t #c ,! ,commission %all det]m9e "o data po9t to be includ$ 9 a range ( reasonabl5ess e/abli%$ "u subp>agraph 7,a7 by-- 7,i7 id5tify+ ! midpo9t expect$ #aj-ye> total or l>ge-cap ,unit$ ,/ates equity m>ket return or equival5t measure z e/imat$ by ,global ,sy/emically ,important ,banks = ea* ( ! previ\s #e ye>s2 & 7,,ii7 us+ ! av]age ( su* midpo9ts4 7,c7 ,adju/m5t ,! ,commission %all adju/ a range ( reasonabl5ess e/abli%$ "u subp>agraph 7,a7 to acc\nt = ! r$uc$ risks ( ! applicable transmission provid] due to1 z applicable-- 7i7 n p>ticipat+ 9 a regional plann+ process2 & 7ii7 any applicable ,f$]al action1 includ+-- 7,i7 ! approval ( any regulatory assets ( ! transmission provid]2 7,,ii7 ! use ( a =mula ratemak+ process2 7,,iii7 ! provision to ! transmission provid] ( any ,f$]al loans or gu>antees = assets 9 ! rate base2 or 7,,iv7 approval or all[ance ( any o!r measure t r$uces ! risks ( ! transmission provid] t x w n recov] prud5tly incurr$ capital inve/m5ts4 7#b7 ,au?oriz$ rate ( return on equity 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b71 :5 e/abli%+ an au?oriz$ return on equity = a transmission provid] = purposes ( any *ange to be made by su* transmission provid] 9 any rate or *>ge1 ! ,commission %all e/abli% ! au?oriz$ return on equity at ! l[e/ return on equity 9 ! applicable range ( reasonabl5ess e/abli%$ pursuant to p>agraph 7#a74 7,b7 ,exception ,:5 e/abli%+ an au?oriz$ return on equity = a transmission provid] = purposes ( any *ange to be made by su* transmission provid] 9 any rate or *>ge1 ! ,commission may e/abli% an au?oriz$ return on equity t is 9 ! applicable range ( reasonabl5ess e/abli%$ pursuant to p>agraph 7#a7 b is n ! l[e/ return on equity 9 su* range only if su* transmission provid] provides ! ,commission cle> & conv9c+ evid5ce t a high] return on equity is requir$ to attract ne$$ capital & to ma9ta9 ! f9ancial integrity ( ! transmission provid]4 7b7 ,corrupt rate recov]y ban ,no transmission provid] may recov] ?r\gh cu/om] rates or *>ges any direct or indirect co/ associat$ )-- 7#a7 memb]%ip dues or sponsor%ip fees paid1 or contributions made1 to an organization describ$ 9 section #eja7;c77#f7 ( ! ,int]nal ,rev5ue ,code ( #aihf2 7#b7 lobby+ or legislative action1 includ+-- 7,a7 any exp5se = ! purpose ( directly or indirectly influ5c+ ! possible-- 7i7 adoption ( ,f$]al1 ,/ate1 or local regulations1 legislation1 or ord9ances2 or 7ii7 repeal or modification ( exi/+ ,f$]al1 ,/ate1 or local regulations1 legislation1 or ord9ances2 7,b7 any exp5se = ! purpose ( directly or indirectly influ5c+ elections or appo9tm5ts ( public (ficials or ref]5da2 7,c7 any exp5se = ! purpose ( directly or indirectly influ5c+ ! approval1 modification1 or revocation ( utility fran*ises2 7,d7 any exp5se = ! purpose ( directly or indirectly influ5c+ ! public op9ion ) respect to ,f$]al1 ,/ate1 or local-- 7i7 regulations1 legislation1 or ord9ances2 7ii7 elections2 7iii7 ref]5da2 or 7iv7 utility rate sett+2 & 7,e7 any exp5se = ! purpose ( directly or indirectly influ5c+ ! decisions ( ,f$]al1 ,/ate1 or local gov]nm5t (ficials2 7#c7 adv]tis+1 m>ket+1 or communications t seek to influ5ce public op9ion or any o!r relat$ co/s1 unless su* m>ket+1 adv]tis+1 communications1 or relat$ co/s are specifically approv$ or ord]$ by ! ,commission1 ! ,secret>y ( ,en]gy1 or ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy2 7#d7 travel1 lodg+1 or food & bev]age exp5ses = ! bo>d ( directors or (fic]s (-- 7,a7 su* transmission provid]2 or 7,b7 su* transmission provid]'s hold+ company or any associat$ company or affiliate2 7#e7 ent]ta9m5t or gifts2 7#f7 any own$1 leas$1 or *>t]$ aircraft = ! bo>d ( directors or (fic]s (-- 7,a7 su* transmission provid]2 or 7,b7 su* transmission provid]'s hold+ company or any associat$ company or affiliate2 7#g7 inve/or relations2 7#h7 att5dance 91 p>ticipation 91 prep>ation =1 or appeal ( any rate proce$+ conduct$ be=e ! ,commission pursuant to section #bje or section #bjf1 includ+ co/s = attorneys' fees1 fees to engage exp]t witnesses or consultants1 ! portion ( employee sal>ies associat$ ) su* att5dance1 p>ticipation1 prep>ation1 or appeal ( a rate proce$+ & relat$ co/s id5tifi$ by ! ,commission2 7#i7 contributions made to an organization describ$ 9 p>agraph 7#c7 or 7#d7 ( section #eja7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf2 7#aj7 contributions to political c&idates1 political p>ties1 campaign committees1 issue committees1 or indep5d5t exp5diture committees1 or o!r political exp5ses2 7#aa7 products or s]vices n regulat$ by ! ,commission1 includ+ m>ket+1 adm9i/ration1 or cu/om] s]vice2 or 7#ab7 p5alties or f9es1 includ+ tax p5alties or f9es1 issu$ aga9/ ! transmission provid]4 7c7 ,prioritiz+ ,co/ ,sav+ ,inve/m5ts ,! ,commission %all consid] a capital exp5diture by a transmission provid] = a transmission project prud5t only if-- 7#a7 ! transmission provid] provides to ! ,commission sub/antial evid5ce t ! transmission provid] prioritiz$ grid enhanc+ te*nologies & o!r l[] co/ alt]natives 9 its plann+ process = ! transmission project2 & 7#b7 ! transmission project 0 subject to a regional plann+ process t is det]m9$ by ! ,commission to be 9 compliance ) applicable ord]s ( ! ,commission4 7d7 ,regulations ,n lat] ?an #abj days aft] ! date ( enactm5t ( ?is section1 ! ,commission %all issue regulations to c>ry out ?is section4 7e7 ,def9itions ,9 ?is section3 7#a7 ,affiliate2 associate company2 hold+ company ,! t]ms affiliate1 associate company1 & hold+ company h ! mean+ giv5 su* t]ms 9 section #cff4a ( title #ah1 ,code ( ,f$]al ,regulations 7or any successor regulations74 7#b7 ,f9ancial academic ,! t]m f9ancial academic means an accr$it$1 full-"t f9ance tea*+ program ) ov] #ej ye>s ( tea*+ exp]i5ce t regul>ly publi%es ,unit$ ,/ates equity m>ket expect$ return data & t provides a curriculum 9 bus9ess adm9i/ration or f9ance4 7#c7 ,f9ancial in/itution ,! t]m f9ancial in/itution means an entity t manages n less ?an #b1jjj1jjj1jjj1jjj 9 comb9$ assets & regul>ly publi%es ,unit$ ,/ates equity m>ket expect$ return data4 7#d7 ,global ,sy/emically ,important ,bank ,! t]m ,global ,sy/emically ,important ,bank means an entity classifi$ z a ,global ,sy/emically ,important ,bank by ! ,f9ancial ,/ability ,bo>d t regul>ly publi%es ,unit$ ,/ates equity m>ket expect$ return data4 7#e7 ,transmission provid] ,! t]m transmission provid] means any public utility t owns1 op]ates1 or controls facilities us$ = ! transmission ( electric en]gy 9 int]/ate comm]ce4 4 7b7 ,elim9at+ ,,f]c ,c&y 7#a7 ,repeal ,! ,f$]al ,p[] ,act is am5d$ by /rik+ section #bai 7#af ,u4,s4,c4 #hbds74 7#b7 ,con=m+ am5dm5ts ,! ,f$]al ,p[] ,act is am5d$-- 7,a7 9 section #bja7;b77#b71 by /rik+ #bai1 ea* place x appe>s2 & 7,b7 9 section #bja7;e71 by /rik+ #bai14 #c4 ,requirem5ts = inve/or own$ utilities 7a7 ,9 g5]al ,title ,,vi ( ! ,public ,utility ,regulatory ,policies ,act ( #aigh is am5d$ by add+ at ! end ! foll[+3 #faj4 ,requirem5ts = inve/or own$ utilities 7a7 ,calculation ( ,return on ,equity 7#a7 ,range ( reasonabl5ess = return on equity 7,a7 ,e/abli%m5t ,except z provid$ 9 p>agraph 7#b71 :5 calculat+ a return on equity = a cov]$ utility = purposes ( any (ficial bus9ess1 includ+ reports1 f9ancial disclosures1 & rate applications1 su* cov]$ utility %all1 subject to subp>agraph 7,c71 e/abli% a range ( reasonabl5ess = ! return on equity t is compris$ ( ?ree data po9ts1 ea* ( :i* repres5t a return on equity repres5t$ by a curr5t av]age expect$ #aj-ye> total or l>ge-cap ,unit$ ,/ates equity m>ket return or equival5t measure det]m9$ 9 accordance ) subp>agraph 7,b74 7,b7 ,data po9t det]m9ations 7i7 ,data po9t #a ,a cov]$ utility %all det]m9e "o data po9t to be includ$ 9 a range ( reasonabl5ess e/abli%$ "u subp>agraph 7,a7 by-- 7,i7 id5tify+ ! midpo9t expect$ #aj-ye> total or l>ge-cap ,unit$ ,/ates equity m>ket return or equival5t measure z e/imat$ by f9ancial academics = ea* ( ! previ\s #e ye>s2 & 7,,ii7 us+ ! av]age ( su* midpo9ts4 7ii7 ,data po9t #b ,a cov]$ utility %all det]m9e "o data po9t to be includ$ 9 a range ( reasonabl5ess e/abli%$ "u subp>agraph 7,a7 by-- 7,i7 id5tify+ ! midpo9t expect$ #aj-ye> total or l>ge-cap ,unit$ ,/ates equity m>ket return or equival5t measure z e/imat$ by f9ancial in/itutions = ea* ( ! previ\s #e ye>s2 & 7,,ii7 us+ ! av]age ( su* midpo9ts4 7iii7 ,data po9t #c ,a cov]$ utility %all det]m9e "o data po9t to be includ$ 9 a range ( reasonabl5ess e/abli%$ "u subp>agraph 7,a7 by-- 7,i7 id5tify+ ! midpo9t expect$ #aj-ye> total or l>ge-cap ,unit$ ,/ates equity m>ket return or equival5t measure z e/imat$ by ,global ,sy/emically ,important ,banks = ea* ( ! previ\s #e ye>s2 & 7,,ii7 us+ ! av]age ( su* midpo9ts4 7,c7 ,adju/m5t 7i7 ,9 g5]al ,a cov]$ utility %all1 9 accordance ) clause 7ii71 adju/ a range ( reasonabl5ess e/abli%$ "u subp>agraph 7,a7 to acc\nt = ! r$uc$ risks ( ! cov]$ utility due to1 z applicable-- 7,i7 op]at+ z a regulat$ monopoly2 & 7,,ii7 any applicable ,/ate action1 includ+-- 7aa7 ! approval ( any alt]native to traditional co/ ( s]vice ratemak+1 includ+ =mula rates1 p]=mance-bas$ regulation1 or contemporane\s co/ recov]y me*anisms2 7bb7 ! approval ( any regulatory assets ( ! cov]$ utility2 7cc7 ! all[ance ( op]at+ co/ rid]s & nonbypassable fees2 7dd7 ! all[ance ( recov]y = any cu/om] bad debt or "u-collections2 7ee7 ! approval ( any securitization or bond rev5ue relat$ to ! provision ( s]vices by ! cov]$ utility2 & 7ff7 approval or all[ance ( any o!r measure t r$uces ! risks ( ! cov]$ utility relative to an entity op]at+ 9 a competitive m>ket4 7ii7 ,specific adju/m5t ,a cov]$ utility %all adju/ a range ( reasonabl5ess e/abli%$ "u subp>agraph 7,a7 d[n by #e basis po9ts = ea* ( ! factors 9 subclause 7,i71 7,,ii77aa71 7,,ii77bb71 7,,ii77cc71 7,,ii77dd71 7,,ii77ee71 & 7,,ii77ff7 ( clause 7i7 t apply4 7#b7 ,use 7,a7 ,9 g5]al ,except z o!rwise provid$ 9 ?is p>agraph1 :5 us+ a return on equity = purposes ( any (ficial bus9ess1 a cov]$ utility %all use ! l[e/ return on equity 9 ! applicable range ( reasonabl5ess e/abli%$ pursuant to p>agraph 7#a74 7,b7 ,/ate requirem5t or reque/ ,no?+ 9 ?is section precludes an applicable ,/ate regulatory au?ority f reque/+ or requir+ alt]native rate s*$ules t rely on a return on equity t is n ! return on equity requir$ "u subp>agraph 7,a74 7,c7 ,in=mation to make publicly available ,if a cov]$ utility uses a return on equity t is n ! return on equity requir$ "u subp>agraph 7,a7 = purposes ( any alt]native rate s*$ule describ$ 9 subp>agraph 7,b71 su* cov]$ utility %all make publically available-- 7i7 a ju/ification outl9+ :y ! high] return on equity is requir$ to attract ne$$ capital & to ma9ta9 ! f9ancial integrity ( ! cov]$ utility2 7ii7 an explanation ( ! diff]5ce 9 ! return on equity us$ 9 comp>ison to return on equity requir$ "u subp>agraph 7,a72 7iii7 a quantification ( ! diff]5t impacts on ! cov]$ utility's rev5ue requirem5t reque/$ 9 its rate application us+ ! return on equity us$ comp>$ to ! return on equity requir$ "u subp>agraph 7,a72 & 7iv7 a quantification ( ! diff]5t impacts ( us+ ! return on equity us$ comp>$ to ! return on equity requir$ "u subp>agraph 7,a7 on ! av]age resid5tial mon?ly bill4 7b7 ,corrupt rate recov]y ban ,no cov]$ utility may recov] ?r\gh rates any direct or indirect co/ associat$ )-- 7#a7 memb]%ip dues or sponsor%ip fees paid1 or contributions made1 to an organization describ$ 9 section #eja7;c77#f7 ( ! ,int]nal ,rev5ue ,code ( #aihf2 7#b7 lobby+ or legislative action1 includ+-- 7,a7 any exp5se = ! purpose ( directly or indirectly influ5c+ ! possible-- 7i7 adoption ( ,f$]al1 ,/ate1 or local regulations1 legislation1 or ord9ances2 or 7ii7 repeal or modification ( exi/+ ,f$]al1 ,/ate1 or local regulations1 legislation1 or ord9ances2 7,b7 any exp5se = ! purpose ( directly or indirectly influ5c+ elections or appo9tm5ts ( public (ficials or ref]5da2 7,c7 any exp5se = ! purpose ( directly or indirectly influ5c+ ! approval1 modification1 or revocation ( utility fran*ises2 7,d7 any exp5se = ! purpose ( directly or indirectly influ5c+ ! public op9ion ) respect to ,f$]al1 ,/ate1 or local-- 7i7 regulations1 legislation1 or ord9ances2 7ii7 elections2 7iii7 ref]5da2 or 7iv7 utility rate sett+2 & 7,e7 any exp5se = ! purpose ( directly or indirectly influ5c+ ! decisions ( ,f$]al1 ,/ate1 or local gov]nm5t (ficials2 7#c7 adv]tis+1 m>ket+1 or communications t seek to influ5ce public op9ion or any o!r relat$ co/s id5tifi$ by ! ,commission1 unless su* m>ket+1 adv]tis+1 communications1 or relat$ co/s are specifically approv$ or ord]$ by ! relevant ,/ate regulatory au?ority1 ,/ate en]gy (fice1 or ,/ate environm5tal ag5cy2 7#d7 travel1 lodg+1 or food & bev]age exp5ses = ! bo>d ( directors or (fic]s (-- 7,a7 su* cov]$ utility2 or 7,b7 su* cov]$ utility's hold+ company or any associat$ company or affiliate2 7#e7 ent]ta9m5t or gifts2 7#f7 any own$1 leas$1 or *>t]$ aircraft = ! bo>d ( directors or (fic]s (-- 7,a7 su* cov]$ utility2 or 7,b7 su* cov]$ utility's hold+ company or any associat$ company or affiliate2 7#g7 inve/or relations2 7#h7 att5dance 91 p>ticipation 91 prep>ation =1 or appeal ( any rate proce$+ conduct$ be=e ! applicable ,/ate regulatory au?ority or ! ,commission1 includ+ co/s = attorneys' fees1 fees to engage exp]t witnesses or consultants1 ! portion ( employee sal>ies associat$ ) su* att5dance1 p>ticipation1 prep>ation1 or appeal ( a rate proce$+ & relat$ co/s id5tifi$ by ! ,commission2 7#i7 contributions made to an organization describ$ 9 p>agraph 7#c7 or 7#d7 ( section #eja7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf2 7#aj7 contributions to political c&idates1 political p>ties1 campaign committees1 issue committees1 or indep5d5t exp5diture committees1 or o!r political exp5ses2 7#aa7 products or s]vices n regulat$ by ! applicable ,/ate regulatory au?ority1 includ+ m>ket+1 adm9i/ration1 or cu/om] s]vice2 7#ab7 p5alties or f9es1 includ+ tax p5alties or f9es1 issu$ aga9/ ! cov]$ utility2 or 7#ac7 paym5ts to outside attorneys repres5t+ ! cov]$ utility 9 any ,commission proce$+ or exp]ts te/ify+ on behalf (1 or o!rwise support+ ! p>ticipation by1 utilities 9 any ,commission proce$+4 7c7 ,en=cem5t ,a violation ( ?is section %all be treat$ z a violation ( a provision ( "p ,,ii ( ! ,f$]al ,p[] ,act & en=c$ 9 accordance ) section #caf;,a ( su* ,act4 7d7 ,regulations ,n lat] ?an #abj days aft] ! date ( enactm5t ( ?is section1 ! ,commission %all issue regulations to c>ry out ?is section4 7e7 ,rule ( con/ruction ,no?+ 9 ?is section %all be con/ru$ to preempt1 dim9i%1 or int]f]e ) a collective b>ga9+ agreem5t t is 9 place on ! date ( ! enactm5t ( ?is section4 7e7 ,def9itions ,9 ?is section3 7#a7 ,affiliate2 associate company2 hold+ company ,! t]ms affiliate1 associate company1 & hold+ company h ! mean+ giv5 su* t]ms 9 section #cff4a ( title #ah1 ,code ( ,f$]al ,regulations 7or any successor regulations74 7#b7 ,cov]$ utility 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 ! t]m cov]$ utility means an inve/or-own$ utility ent]prise engag$ 9 ! production or di/ribution ( electricity or natural gas = use by ! public4 7,b7 ,exclusions ,! t]m cov]$ utility does n include-- 7i7 an electric coop]ative2 7ii7 a gas coop]ative2 7iii7 an electric utility t is own$ or op]at$ by a ,/ate or political subdivision !re(2 or 7iv7 a gas utility t is own$ or op]at$ by a ,/ate or political subdivision !re(4 7#c7 ,f9ancial academic ,! t]m f9ancial academic means an accr$it$1 full-"t f9ance tea*+ program ) ov] #ej ye>s ( tea*+ exp]i5ce t regul>ly publi%es ,unit$ ,/ates equity m>ket expect$ return data & t provides a curriculum 9 bus9ess adm9i/ration or f9ance4 7#d7 ,f9ancial in/itution ,! t]m f9ancial in/itution means an entity t manages n less ?an #b1jjj1jjj1jjj1jjj 9 comb9$ assets & regul>ly publi%es ,unit$ ,/ates equity m>ket expect$ return data4 7#e7 ,global ,sy/emically ,important ,bank ,! t]m ,global ,sy/emically ,important ,bank means an entity classifi$ z a ,global ,sy/emically ,important ,bank by ! ,f9ancial ,/ability ,bo>d t regul>ly publi%es ,unit$ ,/ates equity m>ket expect$ return data4 4 7b7 ,table ( cont5ts ,! table ( cont5ts 9 section #a7;b7 ( ! ,public ,utility ,regulatory ,policies ,act ( #aigh is am5d$ by ins]t+ aft] ! item relat+ to section #fjh ! foll[+3 ,sec4 #fji4 ,rural & remote communities electrification grants4 ,sec4 #faj4 ,requirem5ts = inve/or own$ utilities4 4