CT SB01194

Electric distribution companies may use energy, capacity, and other products from approved power purchase agreements to provide standard service to customers, if determined to be in customers' best interest after consultation with the PURA procurement manager and Office of Consumer Counsel

Solicitations for zero-carbon electricity resources (nuclear, hydropower, Class I renewables, energy storage) are capped at 12 million megawatt hours annually, with contract terms of 3-10 years for nuclear/hydropower and up to 20 years for renewables/storage

PURA must approve power purchase agreements within 180 days of filing or they are automatically deemed approved; nuclear facility agreements require approval of similar agreements in at least two other states as a condition

Costs of approved agreements not used for standard service are recovered through nonbypassable rates charged to all customers, while net revenues from product sales not associated with standard service are credited back to customers

Procurement plan reporting requirements change from quarterly to annually, and PURA gains explicit authority to initiate uncontested proceedings to amend the procurement plan