To provide for the refund of certain overcharges for electricity in the Western States, and for other purposes.

Instructs the Federal Energy Regulatory Commission to order the refund, with interest, of certain rates and charges associated with electric energy sales by public utilities between October 2, 2000, and June 20, 2001, that exceed just and reasonable rates as determined by the Commission.

Restricts such refunds to sales of electric energy to regions encompassed by the Western Systems Coordinating Council of the North American Electric Reliability Council.

Permits any affected State to bring an action in Federal District Court to enforce this Act.