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Bill > SB00093


CT SB00093

CT SB00093
An Act Concerning Notice To Abutting Land Owners And The Disclosure Of Subsidiary Profit And Loss Statements In Public Utilities Regulatory Authority Rate Cases And Creating A Task Force To Study The Creation Of Municipal Electric Companies.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To (1) require consistency in notice to abutting land owners in matters before the Connecticut Siting Council and Public Utilities Regulatory Authority, (2) require the disclosure of profit and loss statements of any subsidiary of an entity subject to a rate case before the Public Utilities Regulatory Authority, and (3) to create a task force to study the creation of municipal electric companies.

AI Summary

This bill addresses three key areas related to public utilities and municipal services. First, it requires the Connecticut Siting Council to adopt rules for notifying property owners adjacent to development sites that are consistent with the Public Utilities Regulatory Authority's (PURA) existing notification rules, ensuring a standardized approach to informing landowners about nearby developments. Second, the bill mandates that any entity involved in a PURA rate case must disclose the profit and loss statements of its subsidiaries operating within the state, increasing financial transparency for utility companies. Lastly, the bill establishes a task force to investigate the potential for municipalities to create their own electric companies, which could provide electricity directly to local residents. This task force study aims to explore alternative approaches to electricity provision that might offer more local control or potentially more competitive pricing for municipal residents. The bill seeks to improve communication with landowners, enhance financial disclosure in utility rate cases, and explore innovative municipal energy solutions.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Referred to Joint Committee on Energy and Technology (on 01/08/2025)

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