H.R. 398Passed Committee72% passage probability
Geothermal Energy Cost-Recovery Program — Plain-English Explanation
Bill: H.R. 398Sponsor: Alexandria Ocasio-Cortez (D-NY)Topic: Energy
In short: This bill creates a system to help recover costs for developing geothermal energy projects on federal lands. Geothermal energy uses heat from inside the Earth to produce electricity.
What does Geothermal Energy Cost-Recovery Program do?
- This bill creates a system to help recover costs for developing geothermal energy projects on federal lands. Geothermal energy uses heat from inside the Earth to produce electricity.
- The bill allows companies to recoup their upfront expenses for exploring and developing geothermal resources, making these projects more financially attractive.
Why does Geothermal Energy Cost-Recovery Program matter?
- This affects energy companies, utility companies, and communities considering geothermal power plants. It could influence whether geothermal projects get built in your area.
- Geothermal energy is a reliable, renewable source that produces power 24/7 without weather dependence, unlike solar and wind.
What happens next with Geothermal Energy Cost-Recovery Program?
- The bill passed its committee review in March 2026 and is preparing to move to a full House vote.
- Contact your House representative to voice support or concerns about encouraging geothermal energy development.
Primary Sponsor
Legislative Timeline
Ordered to be Reported by Unanimous Consent.
Committee Consideration and Mark-up Session Held
Subcommittee on Energy and Mineral Resources Discharged
Subcommittee Hearings Held
Referred to the Subcommittee on Energy and Mineral Resources.