Promoting Opportunities to Widen Electrical Resilience Act of 2024 or the POWER Act of 2024

This bill authorizes electrical utilities receiving certain financial assistance under the Robert T. Stafford Disaster Relief and Emergency Assistance Act for the restoration of power to also carry out cost-effective hazard mitigation activities.  

Additionally, the bill specifies that electrical utilities receiving such assistance may, if otherwise eligible, also receive hazard mitigation assistance under a separate provision of the Stafford Act related to repair, restoration, and replacement of damaged facilities.