Energy and Commerce; Oversight and Government Reform
Co-Sponsors: 2 – 1 Democrat, 1 Republican
This bill amends Part 3 of Title V of the National Energy Conservation Policy Act (42 U.S.C. 8251) to authorize certain long-term contracts for Federal purchases of energy. It mandates that an agency may enter into a contract to acquire energy, generated by renewable energy sources or cogeneration facilities, for no more than 30 years. The bill also ensures that with 90 days of the enactment of this revision, the Federal Energy Management Program must publish a standardized energy purchase agreement to determine commercial terms and conditions to guide agencies when attempting to acquire energy generated from renewable energy sources or from cogeneration facilities.