Requires the Federal Energy Regulatory Commission to set up regional joint boards that study how electric utilities forecast demand, and directs that utility forecasting procedures reflect the resulting recommendations.

• Directs the Federal Energy Regulatory Commission to create regional joint boards covering every state, each with one representative from each state commission in the region and a Commission member as chair.
• Has the boards identify forecasting best practices on affordability, reliability, data transparency, and requests from large industrial or commercial customers, then report them to the Commission, which must send a report with recommendations to Congress within one year.
• Adds a standard to the Public Utility Regulatory Policies Act requiring utility load forecasting procedures to incorporate those recommendations, with state regulators acting within one year and completing consideration within two years.
• Adds programs to improve the accuracy, oversight, and transparency of utility load forecasts to the state energy conservation plan requirements.

• Energy and Commerce Committee (House)
• Energy Subcommittee
• Energy and Natural Resources Committee (Senate)

Energy