National Energy Act

[AI summary unavailable — showing source text] National Energy Act - Establishes the following national energy goals for 1985: (1) reduction of annual growth in energy demand to less than two percent; (2) reduction of oil imports to less than six million barrels per day; (3) reduction of gasoline consumption of 10 percent from 1977 levels; (4) insulation of 90 percent of all homes and all new buildings; (5) increased coal production of at least 400 million tons over 1976 levels; and (6) use of solar energy in at least 2.5 million homes. Title I: Pricing, Regulatory, and Other Nontax Provisions - Directs the Federal Energy Administrator to establish procedures for the submission, approval, and implementation of residential energy conservation plans by State utility regulatory authorities. Prescribes energy conservation measures to be included in such plans. Establishes criteria governing programs to be carried out by public utilities as part of such energy conservation plans. Authorizes exemptions from such requirements where alternative programs will be implemented. Authorizes the Administrator to implement and enforce a Federal plan in the event of inadequate State action. Amends the National Housing Act to direct the Secretar…