CT SB00416

Amends Section 16-243h of the general statutes to expand net metering credits to include combined heat and power (CHP) systems, effective July 1, 2010

Requires electric suppliers and distribution companies to credit customers for electricity generated from CHP systems, with the same net metering treatment as Class I renewable energy sources

Mandates that electric distribution companies make necessary interconnections and provide metering equipment at customer request to measure net electricity consumption and generation

Establishes that excess electricity supplied to the grid receives a one kilowatt-hour-for-one kilowatt-hour credit carried over monthly, with annual compensation at avoided cost of wholesale power for remaining credits

Applies competitive transition assessment and systems benefits charge only to net electricity consumed (not generated) for customer generators with capacity exceeding ten kilowatts