The Shared Utility Rewards for Grid Efficiency Act of 2026, known as the SURGE Act, aims to enhance the efficiency and reliability of electricity transmission in the United States. By establishing a framework that incentivizes utility companies to implement cost-saving improvements, the Act encourages investment in advanced technologies and practices that optimize the electric grid's performance. Central to the Act is the creation of a "shared savings framework," which allows utilities to recover a portion of the cost savings they achieve through qualifying improvements.