WASHINGTON, D.C. – As the United States grapples with rapid new growth in electricity demand and high household energy prices, U.S. Rep. Kathy Castor (FL-14), U.S. Senators Peter Welch (VT) and Angus King (ME) introduced the Advancing Grid-Enhancing Technologies (GETs) Act, legislation to boost investments in grid-enhancing technologies that expand the capacity of existing transmission infrastructure.

“Consumers deserve lower electric bills and a more reliable electric grid. By optimizing the existing grid infrastructure and decreasing the need for costly upgrades, GETs can build a more stable power supply. These technologies pave the way for a more efficient, affordable, and sustainable energy future for everyone,” said Rep. Castor. “In order to quickly bring these projects online and meet growing electricity demand, we must upgrade our old, congested transmission infrastructure.The Advancing GETs Act will help us do that by supercharging the deployment of grid-enhancing technologies that enable transmission operators to maximize the capacity of existing power lines, increase reliability, and lower prices.”

“We’re at a crucial turning point in our work to achieve a clean energy transition, and meeting this moment requires new investments in clean energy technologies that strengthen the capacity of our transmission system,” said Senator Welch. “The Advancing GETs Act will motivate grid operators and developers to bring new projects online that expand transmission capacity by guaranteeing returns for these targeted, cost-saving investments. Our legislation will be crucial to boosting transmission capacity and will help the United States cost-effectively achieve its clean energy goals while lowering electricity bills and for working families."

“As technology improves and grows more efficient, we should incorporate this innovation into our energy grid to better serve American homes, businesses, and critical infrastructure,” said Senator King. “As we work to create a sustainable clean energy future, streamlined transmission is urgently needed. The Advancing GETs Act will create an incentives program to help spur new, smart solutions expanding existing transmission infrastructure. This bill is another step forward in meeting the need for reliable, affordable, and clean electricity.”  

“Delivering the cheapest power is not part of the business model for utilities who own the grid. This regulatory problem means that grid constraints that could be addressed with low-cost technologies add $3-8 billion to electricity costs every year. The Advancing GETs Act aligns utility and consumer incentives for technologies that can save money and improve grid reliability and security. GETs can be deployed in less than a year to open up the grid for cheaper energy and new industries,” said Julia Selker, Executive Director of the WATT Coalition.

“At a moment where our country faces unprecedented growth in energy demand, expected to surge 35-50% by 2040, evolving the way we deliver power is as critical as ever. Grid-enhancing technologies (GETs) will be needed to quickly and affordably increase transmission capacity. ACP commends Sen. Welch and Rep. Castor for introducing the Advancing GETs Actwhich creates incentives for these technologies. We look forward to working with them as this bill moves through the legislative process,”said Jason Grumet, CEO of American Clean Power Association (ACP).

GETs are a crucial part of achieving a diversified clean energy transition. They increase grid capacity by allowing grid operators the ability to more dynamically manage the flow of electricity. However, current financial incentives are not encouraging developers to implement GETs. The Advancing GETs Act aims to spur developer investment in GETs by creating a shared savings incentive program to split savings for GETs installation between installers and ratepayers while increasing the U.S.’ grid capacity.

The Advancing GETs Act requires FERC to establish a shared savings incentive for GETs, which would allow a developer to be reimbursed for the cost of a GETs project, plus some of the cost-savings generated by it. The rest of the savings would go to ratepayers. The bill also includes important cost qualification guardrails to protect consumers.

Additionally, the Advancing GETs Act includes an annual reporting requirement that directs transmission owners to report costs associated with congestion to FERC and directs FERC to analyze and make this data available to the public. Lastly, it charges the Department of Energy (DOE) with creating an application guide for implementing GETs projects. providing technical assistance to stakeholders interested in GETs, and managing a clearinghouse with examples of implemented GETs projects.

The Advancing GETs Act is endorsed by the WATT Coalition, American Council on Renewable Energy, Electricity Consumers Resource Council, Natural Resources Defense Council, Solar Energy Industries Association, and Sierra Club.

 Learn more about the bill.

Read the full text of the bill.