CT HB05215

Amends Section 16-19b of the general statutes to modify oversight requirements for purchased gas, energy, and transmission rate adjustment clauses.

Requires the Department of Public Utility Control to hold public hearings on purchased gas and energy adjustment clauses at least annually, and on transmission rate adjustment clauses at least once every six months.

Allows the Office of Consumer Counsel to request public hearings on any of the three adjustment clauses in addition to departmental discretion to hold hearings.

Expands the department's authority to undertake proceedings to determine if charges and credits under these clauses accurately reflect actual prices paid for purchased gas, energy, and transmission costs.

Authorizes the department to recompute charges or credits and direct utility companies to correct any discrepancies that fail to reflect actual costs or comply with applicable clause requirements.