Bill > H3555

This bill requires the Massachusetts Department of Public Utilities to submit an annual report by August 15th that details expenditures from alternative compliance payments and the sale or redemption of certificates or credits from clean energy programs. Specifically, the report must cover expenditures from the previous fiscal year related to the Clean Energy Standard and potential future Clean Heat Standard programs, which are regulated under chapter 21N of the General Laws and specific regulatory codes (310 CMR 7.75 and 310 CMR 7.77). The report must include two key components: first, a breakdown of cost impacts on ratepayers of electric and gas distribution companies, including approximate monthly bill impacts for different customer classes; and second, an explanation of how these expenditures contribute to meeting the emissions limits and sublimits established in the referenced law. The bill aims to increase transparency about how clean energy program funds are being used and their potential financial implications for consumers.

Transportation and Infrastructure

https://malegislature.gov/Bills/194/H3555