Connecticut Seal

General Assembly

 

Substitute Bill No. 573

    January Session, 2015

 

*_____SB00573ET____032515____*

AN ACT CONCERNING VARIABLE ELECTRIC RATES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Subsection (g) of section 16-245o of the general statutes is amended by adding subdivision (4) as follows (Effective October 1, 2015):

(NEW) (4) On and after October 1, 2015, no electric supplier shall (A) enter into a contract to charge a residential customer a variable rate for electric generation services; or (B) automatically renew or cause to be automatically renewed a contract with a residential customer and, pursuant to such contract, charge such customer a variable rate for electric generation services.

This act shall take effect as follows and shall amend the following sections:

Section 1

October 1, 2015

16-245o(g)

ET

Joint Favorable Subst.