Ratepayer Affordability and Transparency in Energy Act of 2026

This bill protects the reliability of the electric grid by preempting certain State climate mandates. Sec. 3, Definitions: Defines 'State law' as any constitution, statute, regulation, rule, ordinance, charter, order, or other authority of a State or its political subdivisions. Defines 'State' to include States, the District of Columbia, Puerto Rico, and other U.S. territories or possessions. Sec. 4, Preemption of certain climate mandates: Prohibits any State, political subdivision, or regulatory authority from establishing, enforcing, or continuing any requirement that mandates a specified percentage or quantity of electricity from renewable, zero-emission, or carbon-free sources, or that conditions market participation, cost recovery, or utility regulation on such a requirement. Any inconsistent State law is preempted and void. The section does not prohibit States from owning or operating generation facilities that use renewable, zero-emission, or carbon-free energy resources.