Utility Affordability and Transparency Act modifies emergency authority to increase transparency and prevent retirement delays of power plants.

The Utility Affordability and Transparency Act modifies the emergency authority under the Federal Power Act to enhance transparency for ratepayers and prevent orders that delay the retirement of power plants. The bill requires the Secretary of Energy to explain the rationale behind emergency orders and mandates electric utilities to inform customers about costs incurred due to such orders. It also prohibits the Federal Energy Regulatory Commission from issuing orders that prevent or delay the retirement of power plants, except under specific conditions.

Utility Affordability and Transparency Act modifies emergency authority to increase transparency and prevent retirement delays of power plants.

The Utility Affordability and Transparency Act modifies the emergency authority under the Federal Power Act to enhance transparency for ratepayers and prevent orders that delay the retirement of power plants. The bill requires the Secretary of Energy to explain the rationale behind emergency orders and mandates electric utilities to inform customers about costs incurred due to such orders. It also prohibits the Federal Energy Regulatory Commission from issuing orders that prevent or delay the retirement of power plants, except under specific conditions.