Bill > HB05922

This bill aims to implement two key restrictions on power purchase agreements (PPAs) for electricity in Connecticut. First, it prohibits the Commissioner of Energy and Environmental Protection and electric distribution companies from entering into PPAs that would require purchasing electricity at a rate more than 150% above the wholesale electricity price, which would be calculated based on either the average rate from the preceding twelve months or the projected market rate for the next twelve months. Second, the bill mandates that any clean energy project with a generation capacity exceeding 20 megawatts must be jointly solicited with two or more other states. The purpose of these provisions appears to be controlling electricity costs and promoting collaborative regional approaches to clean energy development. By setting a price ceiling for PPAs and requiring multi-state solicitations for larger clean energy projects, the bill seeks to create more economically responsible and regionally coordinated renewable energy procurement strategies.

Transportation and Infrastructure

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05922&which_year=2025