GRID Savings Act of 2026

This bill amends the Federal Power Act to give the Federal Energy Regulatory Commission (FERC) jurisdiction over the interconnection of large new or expanded nonresidential electric loads (150 megawatts or more) to the transmission system, and requires FERC to issue rules establishing standards and procedures for such interconnections.

Sec. 2, Large load interconnection: This section adds a new section 224 to the Federal Power Act. It defines key terms like "covered large load" (a load of at least 150 megawatts), "covered large-load customer," "dedicated resource," and various facility types. FERC has jurisdiction over interconnecting these loads to interstate transmission facilities. FERC must issue a final rule within one year setting standards and procedures, including a study process, cost classification and allocation rules (with 100% of interconnection and direct assignment facility costs borne by the customer), payment and financial security requirements, transparency disclosures, and reliability standards. The rule must also allow a covered large-load customer to voluntarily fund regional or interregional transmission facilities in exchange for transmission service rights. The section does not apply to ERCOT. Conforming amendments update the Federal Power Act to reference the new section.