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Bill > HB06290


CT HB06290

CT HB06290
An Act Concerning The Renewable Portfolio Standard, The Public Utilities Regulatory Authority And Public Utility Affiliate Entities And Requiring A Study Of The Electric Grid Of The State.


summary

Introduced
01/23/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To (1) redefine "class I renewable energy source" to include any nuclear or hydropower energy source, (2) increase oversight of the Public Utilities Regulatory Authority, (3) require an audit of the Combined Public Benefits Charge and any program supported by such charge, (4) require functional and operational separation of unregulated or underregulated affiliates of public utilities, (5) impose revenue transfer caps, (6) require a line-item audit of large electricity generation facilities, and (7) require a comprehensive study of the viability of the electric grid in the state.

AI Summary

This bill proposes several significant changes to renewable energy and utility regulation in the state. It seeks to expand the definition of "class I renewable energy source" to include nuclear and hydropower energy sources, which would potentially qualify these energy types for renewable energy incentives or credits. The bill aims to enhance oversight of the Public Utilities Regulatory Authority (PURA), a state agency responsible for regulating public utilities, by introducing more stringent monitoring and accountability measures. It mandates an audit of the Combined Public Benefits Charge, which is a fee typically used to fund energy efficiency, renewable energy, and other utility-related programs. The legislation also requires public utilities to functionally and operationally separate their unregulated or underregulated affiliate entities to prevent potential conflicts of interest or cross-subsidization. Additionally, the bill imposes revenue transfer caps to limit financial movements between utility entities, requires a detailed line-item audit of large electricity generation facilities to increase transparency, and calls for a comprehensive study to assess the viability and resilience of the state's electric grid. These provisions collectively aim to improve regulatory oversight, promote transparency, and potentially diversify the state's renewable energy portfolio.

Committee Categories

Transportation and Infrastructure

Sponsors (6)

Last Action

Referred to Joint Committee on Energy and Technology (on 01/23/2025)

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