Bill Text: CT SB00394 | 2016 | General Assembly | Comm Sub

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: An Act Concerning Authorizations Relating To Virtual Net Metering.

Spectrum: Committee Bill

Status: (Passed) 2016-06-10 - Signed by the Governor [SB00394 Detail]

Download: Connecticut-2016-SB00394-Comm_Sub.html

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General Assembly		Substitute Bill No. 394
February Session, 2016		*_____SB00394ET____032316____*

AN ACT CONCERNING AUTHORIZATIONS RELATING TO VIRTUAL NET METERING FOR CERTAIN ZERO OR LOW EMISSION GENERATION PROJECTS.

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

Section 1. Subsection (e) of section 16-244u of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2016):

(e) (1) On or before October 1, 2013, the Public Utilities Regulatory Authority shall conduct a proceeding to develop the administrative processes and program specifications, including, but not limited to, a cap of ten million dollars per year apportioned to each electric distribution company based on consumer load, for credits provided to beneficial accounts pursuant to subsection (c) of this section and payments made pursuant to subsection (d) of this section, provided the municipal, state and agricultural customer hosts, each in the aggregate, and the designated beneficial accounts of such customer hosts, shall receive not more than forty per cent of the dollar amount established pursuant to this [subsection] subdivision.

(2) In addition to the provisions of subdivision (1) of this subsection, the authority shall authorize five million dollars per year for municipal customer hosts, apportioned to each electric distribution company based on consumer load, for credits provided to beneficial accounts pursuant to subsection (c) of this section and payments made pursuant to subsection (d) of this section where such municipal customer hosts have: (A) Submitted a virtual net metering application to an electric distribution company on or before December 1, 2015; (B) entered into a contract with an electric distribution company pursuant to sections 16-244r and 16-244s or section 16-244t; and (C) obtained all required local, state and federal permits and approvals, as applicable.

This act shall take effect as follows and shall amend the following sections:
Section 1	July 1, 2016	16-244u(e)

ET

Joint Favorable Subst.