Amendments

This amendment will preserve the authority of the Federal Energy Regulatory Commission (FERC) to ensure just and reasonable electric and natural gas rates. FERC currently regulates certain market products that keep the cost of electricity stable and low for consumers. The underlying bill would allow the Commodity Futures Trading Commission concurrent jurisdiction over these products. That duplicative authority could result in the elimination of these products and increased costs for electricity consumers. This amendment will help avoid that type of unproductive cost.