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CT HB07088
Bill
Status
2/27/2025
Primary Sponsor
Energy and Technology Committee
Click for details
AI Summary
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PURA must initiate a study on alternative energy delivery methods by January 1, 2026, including direct-bill remote energy generation and municipal/regional energy aggregation, with a report due to the legislature by July 1, 2026
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Requires PURA to develop a forward-looking capital investment funding mechanism for electric grid infrastructure, including annual cost recovery processes and objective prudency review standards for utility investments
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Increases frequency of rate adjustment reconciliation proceedings from annually to at least every six months for purchased gas, energy, and transmission rate adjustment clauses
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PURA must study innovative rate plans to stabilize customer electric bills by January 1, 2026, with findings reported by July 1, 2026
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Requires PURA by July 1, 2025 to evaluate service termination protections for utility customers with serious illness or life-threatening medical conditions, with recommendations due by February 4, 2026
Legislative Description
An Act Requiring The Public Utilities Regulatory Authority To Study Alternative Energy Delivery Methods, Develop A Capital Investment Funding Mechanism And Increase The Frequency Of Rate Adjustment Proceedings.
Last Action
Public Hearing 03/06
2/28/2025