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CT HB06531
Bill
Status
2/28/2013
Primary Sponsor
Energy and Technology Committee
Click for details
AI Summary
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Defines "Class IIA renewable energy source" as trash-to-energy facilities located in Connecticut with no outstanding bonded indebtedness, effective July 1, 2013.
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Requires electric suppliers and distribution companies to procure 2% of total output from Class IIA renewable energy sources beginning January 1, 2014, increasing to 2% through 2018, then expiring January 1, 2019.
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Establishes a minimum price of 4.5 cents per kilowatt hour for renewable energy certificates from Class IIA sources, with purchase obligations reducible if supply is insufficient.
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Permits electric distribution companies to enter into long-term contracts (through December 31, 2018) to procure renewable energy certificates from Class IIA sources.
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Requires revenue from Class IIA renewable energy certificate sales to be used to reduce tipping fees paid to the trash-to-energy facility.
Legislative Description
An Act Preserving And Retaining The Environmental Benefits Of In-state Resources Recovery Facilities.
Last Action
Public Hearing 03/07
3/1/2013