Section 1. Short title
This Act may be cited as the Electric Act.
(1) In general
The Secretary shall not retire an energy generation source if the retirement of that energy generation source would—
(A) raise customer electricity rates by more than 10 percent; or
(B) decrease energy reliability, as determined by the Administrator of the Bonneville Power Administration, in any portion of Washington, Oregon, Idaho, Montana, Wyoming, and California by more than 10 percent of the energy reliability as compared to the 12-month period before the retirement.
(b) Replacement of Baseload Generation
Not later than 30 days after retiring an energy generation source, the Secretary shall ensure that not less than 100 percent of the baseload generation of the retired energy generation source has been replaced.
(c) Definitions
In this section:
(1) Baseload generation
The term baseload generation means the the minimum amount of electric power supplied to an electrical grid.
(2) Energy generation source
The term energy generation source means a federally operated dam that generates hydropower.
(3) Secretary
The term Secretary means—
(A) the Secretary of the Interior, in reference to an energy generation source operated by the Bureau of Reclamation; and
(B) the Secretary of the Army, in reference to an energy generation source operated by the Army Corps of Engineers.