H.R. 9332 — Load Forecasting Enhancement Act

This section directs the Federal Energy Regulatory Commission to establish, within 90 days of enactment, regions covering every state and a joint board for each region. Each board, chaired by a Commission member and including one representative from each state commission in the region, must study best practices for electric load forecasting on affordability, reliability, data methods, transparency, stakeholder engagement, economic projections, technologies, and large-load service requests; identify such practices; and report them to the Commission, which must submit a report with recommendations to Congress within one year, after which the boards terminate.

This section establishes a new PURPA standard requiring electric load forecasting procedures to incorporate recommendations from the Federal Energy Regulatory Commission report issued under the Load Forecasting Enhancement Act. It directs state regulatory authorities to begin consideration within 1 year of enactment and complete a determination within 2 years, exempts nonregulated electric utilities, and excludes utilities in states that have already implemented a comparable standard or conducted related proceedings.

This section requires State energy conservation plans eligible for federal assistance to include procedures and programs that improve the accuracy, oversight, and transparency to stakeholders of electric load forecasting by electric utilities (as defined in section 3 of the Federal Power Act).