Connecticut Seal

General Assembly

Amendment

 

January Session, 2015

LCO No. 7784

   
 

*SB0057307784SDO*

Offered by:

 

SEN. LOONEY, 11th Dist.

SEN. DUFF, 25th Dist.

SEN. DOYLE, 9th Dist.

SEN. FASANO, 34th Dist.

SEN. LARSON, 3rd Dist.

SEN. WITKOS, 8th Dist.

SEN. FORMICA, 20th Dist.

SEN. HWANG, 28th Dist.

SEN. MARTIN, 31st Dist.

REP. REED, 102nd Dist.

REP. KLARIDES, 114th Dist.

REP. ACKERT, 8th Dist.

REP. DEMICCO, 21st Dist.

REP. STEINBERG, 136th Dist.

REP. YACCARINO, 87th Dist.

REP. BOCCHINO, 150th Dist.

REP. HARDING, 107th Dist.

To: Subst. Senate Bill No. 573

File No. 549

Cal. No. 312

"AN ACT CONCERNING VARIABLE ELECTRIC RATES. "

Strike everything after the enacting clause and substitute the following in lieu thereof:

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

(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.

Sec. 2. Section 16-245o of the general statutes is amended by adding subsections (n) and (o) as follows (Effective from passage):

(NEW) (n) As used in this section, "residential customer" means a customer who contracts with an electric supplier for generation services at residential premises for domestic purposes only.

(NEW) (o) On or before October 1, 2015, the Public Utilities Regulatory Authority shall initiate a proceeding to develop recommendations and guidance regarding (1) what type of generation services rate structure is best suited for residential customers who allow a fixed contract with an electric supplier to expire and begin paying a month-to-month rate for generation services from such supplier; and (2) what rate increase is just and reasonable if a generation services rate increase is necessary after the expiration of a fixed contract and such customer begins paying a month-to-month rate. The authority shall report, in accordance with the provisions of section 11-4a of the general statutes, the findings of such proceeding to the joint standing committee of the General Assembly having cognizance of matters relating to energy, on or before January 1, 2016. "

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

Section 1

from passage

16-245o(g)

Sec. 2

from passage

16-245o