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H.R. 3426: American Renewable Energy and Efficiency Act

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H.R. 3426: American Renewable Energy and Efficiency Act

114th Congress · introduced 2015-07-29 · Energy · Latest: Referred to the Subcommittee on Energy and Power.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2015-07-29 · official record
  2. Who proposed it: Rep. Welch, Peter [D-VT-At Large] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Energy and Power. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

American Renewable Energy and Efficiency Act

Plain summary

American Renewable Energy and Efficiency Act - Amends the Public Utility Regulatory Policies Act of 1978 (PURPA) to require each retail electric supplier to submit to the Federal Energy Regulatory Commission (FERC) a quantity of federal renewable electricity credits that is equal to at least the annual target of the retail electric supplier established by this Act for each of 2017 through 2040. Requires the target to be equal to the product of the supplier's base amount (electricity sold) for the year and a specified annual percentage for that year, which increases from 8.5% for 2017 to 30% for 2030 through 2040. Sets forth provisions governing the issuance, tracking, verification, trading, banking, and retirement of federal renewable electricity credits. Authorizes alternative compliance payments in lieu of credits. Authorizes states to set the rates for a sale of electric energy by a facility generating electric energy from renewable energy sources pursuant to a voluntary production incentive program. Requires the Secretary of Energy (DOE) to: (1) establish a program to implement, enforce, review, and adjust performance standards for specified cumulative electricity and natural gas savings for 2017 through 2030; (2) promulgate regulations establishing performance standards for 2031 through 2040 and for subsequent years by specified deadlines; and (3) set such standards at levels reflecting the maximum achievable level of cost-effective energy efficiency potential. Prohibits standards for any year from being lower than the standard for 2030. Requires the Secretary, at 10-year intervals, to review the most recent standards and increase them if additional cost-effective energy efficiency potential is achievable. Requires each retail electricity and natural gas supplier to submit a report annually demonstrating that it has achieved cumulative required savings, which the Secretary shall review to verify that performance standards have been met. Authorizes suppliers to use electricity or natural gas savings purchased from another supplier, a state, or a third-party efficiency provider to meet such standards. Provides for state administration of an energy efficiency program to meet the requirements of this Act. Requires the Secretary to direct the state to correct deficiencies found in a review and to report to the Secretary on progress not later than 180 days after the date of the receipt of review results. Encourages state utility regulatory commissions to review their rules and regulations to ensure that utilities can recover the direct costs of energy efficiency programs, fully recover authorized fixed costs, and earn an incentive for shareholders if the energy efficiency standards are achieved. Requires the Secretary to contract with the National Academy of Sciences to submit a comprehensive evaluation of all aspects of the program established by this Act by July 1, 2021, and every 10 years thereafter.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

American Renewable Energy and Efficiency Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Welch, Peter [D-VT-At Large] · 4 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Ben Ray Luján (D-NM), Kathy Castor (D-FL), Ted Lieu (D-CA)

Sponsor's campaign money: Rep. Welch, Peter [D-VT-At Large] reported raising $248,839 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Authorization
A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Rulemaking
The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-hr3426 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114