Bill > HB07016

This bill makes several key changes to energy and utility regulations in Connecticut. First, it gives the Public Utilities Regulatory Authority broader flexibility in selecting implementers for clean energy and grid modernization programs, allowing them to choose from the Connecticut Green Bank, the Department of Energy and Environmental Protection, electric distribution companies, third-party entities, or a combination thereof. The bill also establishes a new municipal electric grid modernization grant program, which will provide financial assistance to municipalities that own and operate electric utilities and want to upgrade their electrical infrastructure. Under this program, municipalities can apply to the Office of Policy and Management for grants, with the State Bond Commission authorized to issue up to a certain amount of bonds to fund these improvements. The grants can help municipalities modernize their electrical grid infrastructure, with the Secretary of the Office of Policy and Management having the authority to set application requirements and potentially delegate grant administration to another state agency. The bill is designed to facilitate more flexible and innovative approaches to energy infrastructure development, with a particular focus on supporting municipal utilities in upgrading their systems. These provisions will take effect on July 1, 2025.