Make Energy Affordable Act
Bill: H.R.6298 | Sponsor: Rep. Carter, Earl L. "Buddy" (R-GA)
Policy area: Energy

Summary:
Make Energy Affordable Act
This bill requires the President to report on the rising energy prices. In addition, the President must provide updates on residential energy price trends, impacts of energy prices on low-income households, and actions by federal agencies to mitigate energy price increases.

To direct the President to transmit to Congress a plan to address 
   rising energy prices in the United States, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Make Energy Affordable Act''.

SEC. 2. PLAN TO ADDRESS RISING ENERGY PRICES.

    (a) Report.--Not later than December 31, 2021, the President, in 
consultation with the Secretary of Energy, the Secretary of the 
Interior, the Secretary of Labor, the Administrator of the Energy 
Information Administration, the Federal Energy Regulatory Commission, 
and the Administrator of the Environmental Protection Agency shall 
develop and transmit to Congress a report on rising energy prices in 
the United States that includes--
            (1) information on--
                    (A) if higher energy prices have led to increases 
                in consumer prices across the economy; and
                    (B) how many energy sector jobs in the United 
                States have been lost since January 1, 2021, and the 
                outlook for such jobs in the coming years;
            (2) a description of specific actions that Federal agencies 
        are currently taking, or are planning to take in the immediate 
        future--
                    (A) to address rising energy prices and energy 
                supply shortages;
                    (B) to increase oil and natural gas production in 
                the United States; and
                    (C) to streamline permitting processes for energy 
                projects;
            (3) a list of each energy project for which a final 
        decision on an application submitted for a Federal permit or 
        other approval has not been issued;
            (4) a list of each energy project that has received Federal 
        approval and for which State or local approval is pending;
            (5) analyses and projections for residential and commercial 
        electricity and fuel prices for the next 12 months;
            (6) an assessment of recent Federal actions, regulations, 
        and policies that may be causing or contributing to energy 
        price increases, including assessment of the impacts on energy 
        prices of revoking the permit for the Keystone XL pipeline, 
        imposing a moratorium on fossil energy development on Federal 
        lands and waters, reinstating a ban on crude oil exports, and 
        releasing petroleum products from the Strategic Petroleum 
        Reserve; and
            (7) a plan to address rising energy prices in the United 
        States that--
                    (A) considers all energy sources; and
                    (B) includes regulatory reforms and other Federal 
                actions to--
                            (i) reduce the energy burden of households, 
                        including the high energy burden that minority 
                        and low-income families disproportionately 
                        face;
                            (ii) streamline the permitting process for, 
                        and delivery of, energy projects; and
                            (iii) ensure the energy independence of the 
                        United States.
    (b) Forecasts.--
            (1) Monthly updates.--Not later than 1 month after the date 
        of enactment of this Act, and monthly thereafter, the President 
        shall provide to the Committee on Energy and Commerce of the 
        House of Representatives and the Committee on Energy and 
        Natural Resources of the Senate forecasts, for the next 6 
        months and the next 12 months, for--
                    (A) residential energy price trends;
                    (B) impacts of energy prices on low-income 
                households; and
                    (C) actions by Federal agencies to mitigate energy 
                price increases, including actions to identify and 
                address energy supply shortages.
            (2) Comparison included.--In carrying out paragraph (1), 
        the President shall provide--
                    (A) forecasts using current Federal policies and 
                laws; and
                    (B) a description of the potential impacts on such 
                forecasts if proposed Federal polices and legislation, 
                including international climate commitments submitted 
                by the United States, are implemented or enacted.
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