Miller, Schneider Introduce the RESILIENCE Act of 2025
Washington, D.C. – Today, Congresswoman Carol Miller (R-WV) and Congressman Brad Schneider (D-IL) introduced the Repair Expenditures Support Infrastructure, Labor Investment, Energy Needs, and Creates Equity Act of 2025 (RESILIENCE Act of 2025). This bipartisan legislation will allow utilities to deduct repair costs from the Corporate Alternative Minimum Tax and will ensure that these companies are treated fairly.
Click here for bill text.
“The Inflation Reduction Act picked winners and losers in energy production, and hard-working Americans suffered the most by having to pay more for everything, including utilities. The Resilience Act of 2025 would fix the unfair tax treatment of utilities under the Corporate Alternative Minimum Tax by allowing regulated utilities to fully deduct repair expenditures. This bill would increase energy affordability for consumers and ensures tax fairness, ultimately creating a more resilient and reliable energy grid,” said Congresswoman Miller.
“EEI’s member electric companies make significant investments each year to maintain the energy grid and to make it stronger and more secure,” said EEI Interim President and CEO Pat Vincent-Collawn. “The current process for taxing these critical investments under the Corporate Alternative Minimum Tax needlessly raises costs for electricity customers, threatens job creation, and undermines ongoing efforts to strengthen America’s energy security. We greatly appreciate Representatives Miller and Schneider’s leadership in developing this common-sense solution, which will help keep customer costs as low as possible while enhancing the reliability and resilience of the grid.”
“America’s natural gas utilities invest $37 billion each year in enhancing the safety and efficiency of natural gas distribution and transmission systems – these investments help us to deliver affordable, reliable, safe and cleaner natural gas and have lowered emissions from the natural gas distribution system by 70% since 1990. This bill from Reps. Miller and Schneider will help to remove an important barrier for this type of strategic investment in America’s energy future and will help our industry to maintain affordability for American families and businesses while fueling innovation and growth for a stronger future,”said George Lowe, AGA Vice President of Governmental Affairs and Public Policy.
"Storms can wreak havoc on our facilities and repairs are necessary to ensure reliable service. AEP spends hundreds of millions of dollars each year on storm repairs and maintenance activities. Allowing these critical expenditures to be deducted from the minimum tax lowers rates for customers and frees up capital that we can invest in other areas of our operations,” said American Electric Power.
“We commend Representatives Miller and Schneider for introducing bipartisan legislation that will lower energy costs and create jobs for customers and communities nationwide, in addition to supporting grid upgrades to address growing energy demand for generations to come, putting regulated utilities on equal footing with non-regulated businesses. We look forward to engaging with Congress as this bill advances through the legislative process,” said Exelon.
“At FirstEnergy, we are committed to providing reliable electric service at the lowest price possible for the six million customers across our footprint, including 556,000 in West Virginia. Repair and maintenance are critical investments that ensure a reliable and resilient grid. We applaud U.S. Reps. Carol Miller and Brad Schneider’s bipartisan efforts to create a practical solution that allows electric companies to account for these expenses more efficiently, reducing base rates and strengthening our energy infrastructure," said FirstEnergy.
“Nearly 250,000 IBEW members work for regulated utilities, and a repair adjustment protects their jobs and allows them to help build a strong economy. Without the inclusion of a repair’s adjustment, IBEW members who currently perform repairs and maintenance work at our nation’s utilities could be in real danger of losing their mission-critical jobs," said IBEW International President Kenneth W. Cooper.