AN ACT CONCERNING A SUSPENSION OF THE PUBLIC BENEFITS CHARGE, LIMITS ON CERTAIN POWER PURCHASE AGREEMENTS, THE ELIMINATION OF CERTAIN ZERO-CARBON INCENTIVES AND AN INCREASE IN THE NATURAL GAS SUPPLY.
To (1) suspend the charges collectively called the "Combined Public Benefits Charge" pending legislative review of such charges, (2) prohibit any power purchase agreement that provides for the purchase of electricity at a price exceeding one hundred fifty per cent of the wholesale price of electricity, (3) remove incentives for the development of zero-carbon energy sources unless such incentives are available for the development of any energy generation, and (4) promote an increase in the natural gas supply in the state.
Introduced by:
Sen. Jeff Gordon, 35th Dist.
