Enhancing Electric Grid Resilience Act

This bill amends the Federal Power Act to allow entities proposing to own, control, or operate certain large transmission lines to file tariffs with the Federal Energy Regulatory Commission (the Commission) to allocate the costs of those lines. The bill defines these lines as 'transmission facilities of national significance' and sets rules for how costs must be allocated based on benefits.

Sec. 2, Allocation of costs of certain transmission facilities: This section adds a new section 224 to the Federal Power Act. It allows any entity proposing to own, control, or operate a transmission facility of national significance to file a tariff with the Commission allocating the facility's costs. The Commission must require that the tariff allocate costs to customers in the relevant transmission planning region or regions in a way that is at least roughly commensurate with the estimated anticipated benefits. The cost allocation must be based on a broad range of benefits, including reliability, economic, public policy, resilience, environmental, and other reasonably anticipated benefits. The term 'transmission facility of national significance' means an interstate or offshore transmission line (and necessary facilities) with a capacity of at least 1,000 megawatts, completed on or after the bill's enactment, or an expansion or upgrade that increases capacity by at least 500 megawatts, completed on or after enactment. The section does not affect the Commission's authority to approve cost allocation for other transmission facilities.