Time is money. Energy project developers know this all too well, as their industry is hamstrung by time-consuming, onerous permitting requirements. To drive energy innovation, supply more affordable energy, and maintain America’s competitive advantage as a global energy leader, permitting reform must remain a top priority for Congress.

Energy powers nearly every aspect of the global economy. Dependable electricity keeps the lights on, the house cool or warm, and the phones charged. Even a temporary power outage that knocks out the internet and electricity can threaten lives and livelihoods.

High heating bills and soaring prices at the pump also send Americans into a tizzy. A recent poll from CNET found that 78 percent of U.S. adults have concerns over home energy costs. The same survey found that nearly a third of respondents rely on borrowing, payment plans, or government assistance programs to pay their energy bills. When households spend more on energy, fewer resources are available for food, healthcare, or entertainment.

Reliability is also a concern. The North American Electric Reliability Corporation (NERC) is sounding the alarm with warnings of future power outages throughout critical regions of the United States. It notes that power plants are being retired, and utilities are not allowed to bring new supplies online. PJM, an electric transmission operator, expressed similar concerns about the slow process of bringing the new generation online. CEO Manu Asthana says, “The market is sending a price signal that should incentivize investment in resources.” With the projected growth in artificial intelligence and data centers, that signal is only going to get stronger.

Hence the need for permitting reform.