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CT SB01531
Bill
Status
3/19/2025
Primary Sponsor
Government Administration and Elections Committee
Click for details
AI Summary
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Electric, gas, pipeline, and water companies with more than 200,000 customers become subject to Connecticut's Freedom of Information Act for PURA-regulated business activities, effective October 1, 2025
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Utilities prohibited from recovering through rates costs for: trade association memberships, lobbying, advertising/marketing (unless PURA-approved), executive travel/entertainment/gifts, aircraft use, and investor relations expenses
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No entity may control both an electric distribution company and a gas company in Connecticut after January 1, 2026, with mandatory divestiture required and PURA authorized to revoke franchises for non-compliance
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PURA prohibited from approving acquisitions where an applicant already controls a gas or electric distribution company in the state, and electric distribution companies cannot earn a rate of return exceeding their weighted average cost of capital
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Public hearing notice requirements extended from one week to two weeks, Home Energy Solutions Audit program subject to biennial audits by Auditors of Public Accounts, and state/municipal agencies prohibited from offering right of first refusal on real property sales to public service companies
Legislative Description
An Act Concerning Public Utility Transparency And Accountability And Proceedings Of The Public Utilities Regulatory Authority.
Last Action
File Number 662
4/14/2025