Advancing GETs Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2703 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2703 To require the Federal Energy Regulatory Commission to establish a shared savings incentive to return a portion of the savings attributable to an investment in grid-enhancing technology to the developer of that grid-enhancing technology, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 8, 2025 Ms. Castor of Florida (for herself, Mr. Tonko, Mr. Peters, Mr. Casten, Ms. Schrier, Mr. Mullin, and Mr. Huffman) introduced the following bill; which was referred to the Committee on Energy and Commerce _______________________________________________________________________ A BILL To require the Federal Energy Regulatory Commission to establish a shared savings incentive to return a portion of the savings attributable to an investment in grid-enhancing technology to the developer of that grid-enhancing technology, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Advancing Grid-Enhancing Technologies Act of 2025'' or the ``Advancing GETs Act of 2025''. SEC. 2. DEFINITIONS. In this Act: (1) Commission.--The term ``Commission'' means the Federal Energy Regulatory Commission. (2) Grid-enhancing technology.--The term ``grid-enhancing technology'' means any hardware or software that-- (A) increases the capacity, efficiency, reliability, resilience, or safety of transmission facilities and transmission technologies; and (B) is installed in addition to transmission facilities and transmission technologies-- (i) to give operators of the transmission facilities and transmission technologies more situational awareness and control over the electric grid; (ii) to make the transmission facilities and transmi