“State requirements for less reliable, renewable energy sources, shouldn’t lead to higher energy costs for Arkansans. My bill would ensure those mandates don’t impact energy prices,” said Senator Cotton.

“Americans voted to make energy affordable, accessible, and reliable again. The RATE Act is a commonsense bill to strengthen our grid and lower costs for hardworking families across the country,” said Senator Sheehy. 

Text of the bill can be found here.

The Ratepayer Affordability and Transparency in Energy Act would:

• Safeguard grid reliability by preempting state climate mandates, including renewable portfolio standards, that obstruct or distort infrastructure planning, and inflate electricity costs.
• Ensure Americans pay the least cost available for their electricity.