CT HB05542

Expands executive compensation disclosure requirements to include "other forms of compensation" beyond salaries for directors and officers of public service companies and their holding companies, with listings maintained by the Public Utilities Regulatory Authority.

Caps compensation paid from ratepayer funds at $350,000 annually for any director, officer, executive, or employee of a public service company or holding company, with no limits on compensation from shareholder funds.

Requires electric companies to reimburse low-income residential customers up to $150 for spoiled food and $200 for spoiled refrigerated medications caused by outages lasting longer than 48 hours, with reimbursement costs recovered through the systems benefits charge and capped at $10 million annually.

Prohibits utilities from assessing late fees on bills due during service outages exceeding 24 consecutive hours and requires utilities to credit customers' bills for the daily service charges during such outages.

Adds food spoilage reimbursement costs to the systems benefits charge fund that supports energy assistance, conservation programs, and other public utility benefit programs.