| 22 | | - | (d) The department shall hold a hearing that shall be conducted as an uncontested case, in accordance with the provisions of chapter 54 of the general statutes, to approve, reject or modify an application for approval of the electric distribution company's solar procurement plan. The department shall only approve such proposed plan if the department finds that (1) the solicitation and evaluation conducted by the electric distribution company was the result of a fair, open, competitive and transparent process; (2) approval of the solar procurement plan would result in the greatest expected ratepayer value from solar energy or solar renewable energy credits at the lowest reasonable cost; and (3) such procurement plan satisfies other criteria established in the approved solicitation plan. The department shall not approve any proposal made under such plan unless it determines that the plan and proposals encompass all foreseeable sources of revenue or benefits and that such proposals, together with such revenue or benefits, would result in the greatest expected ratepayer value from solar energy or solar renewable energy credits. The department may, in its discretion, retain the services of an independent consultant with expertise in the area of energy procurement. The independent consultant shall be unaffiliated with the electric distribution company or its affiliates and shall not, directly or indirectly, have benefited from employment or contracts with the electric distribution company or its affiliates in the preceding five years, except as an independent consultant. For purposes of evaluating such plan, the electric distribution company shall provide the independent consultant immediate and continuing access to all documents and data reviewed, used or produced by the electric distribution company in its bid solicitation and evaluation process. The electric distribution company shall make all its personnel, agents and contractors used in the bid solicitation and evaluation available for interview by the consultant. The electric distribution company shall conduct any additional modeling requested by the independent consultant to test the assumptions and results of the bid evaluation process. The independent consultant shall not participate in or advise the electric distribution company with respect to any decisions in the bid solicitation or bid evaluation process. The department's administrative costs in reviewing the electric distribution company's solar procurement plan and the costs of the consultant shall be recovered through a reconciling component of electric rates as determined by the department. |
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| 34 | + | (2) On and after January 1, 2007, not less than three and one-half per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional three per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 26 | | - | (f) If, by January 1, 2012, the department has not received proposed long-term solar renewable energy credit contracts consisting of at least twenty-five per cent of an electric distribution company's procurement obligation or by July 1, 2014, has not received proposed long-term solar renewable energy contracts consisting of at least fifty per cent of an electric distribution company's procurement obligation, or by July 1, 2016, has not proposed long-term solar renewable energy contracts consisting of at least seventy-five per cent of an electric distribution company's procurement obligation, respectively, the department shall notify the electric distribution company and the Renewable Energy Investments Board of the shortfall. Unless, upon petition by the electric distribution company, the department grants the distribution company an extension not to exceed ninety days to correct this deficiency, the Renewable Energy Investments Board shall issue one or more requests for proposals to address the shortfall. The board shall perform an initial review of each proposal, examine the financial and technical viability of each proposal and analyze project costs and benefits for the purpose of selecting projects that will promote the provision of long-term solar renewable energy contracts. Upon selection of the projects, the board shall forward such projects to such electric distribution company for review. For each project, such electric distribution company shall analyze the interconnection point and costs related thereto, reliability and other impacts of such project to determine whether the project will promote the provision of additional long-term solar renewable energy contracts. Such electric distribution company shall provide the results of its analysis to the department, which shall conduct a proceeding to determine whether to approve or reject each project. The reasonable administrative costs associated with the procurement of long-term solar renewable energy contracts shall be collected by the distribution company, maintained in a separate interest-bearing account and disbursed to the Renewable Energy Investment Fund on a quarterly basis. |
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| 38 | + | (4) On and after January 1, 2009, not less than six per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional three per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 28 | | - | (g) Not later than sixty days after its approval of the electric distribution company procurement plans submitted on or before January 1, 2012, the department shall submit a report to the joint standing committees of the General Assembly having cognizance of matters relating to energy and the environment. The report shall document for each distribution company procurement plan: (1) The total number of solar renewable energy credits bid relative to the number of solar renewable energy credits requested by the distribution company; (2) the total number of bidders in each market segment; (3) the number of contracts awarded; and (4) the total weighted average price of the solar renewable energy credits or energy so purchased. The department shall not report individual bid information or other proprietary information. |
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| 40 | + | (5) On and after January 1, 2010, not less than seven per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional three per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 41 | + | |
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| 42 | + | (6) On and after January 1, 2011, not less than eight per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional [three] five per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 43 | + | |
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| 44 | + | (7) On and after January 1, 2012, not less than nine per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional [three] five per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 45 | + | |
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| 46 | + | (8) On and after January 1, 2013, not less than ten per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional [three] five per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 47 | + | |
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| 48 | + | (9) On and after January 1, 2014, not less than eleven per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional [three] five per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 49 | + | |
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| 50 | + | (10) On and after January 1, 2015, not less than twelve and one-half per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional [three] five per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 51 | + | |
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| 52 | + | (11) On and after January 1, 2016, not less than fourteen per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional [three] five per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 53 | + | |
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| 54 | + | (12) On and after January 1, 2017, not less than fifteen and one-half per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional [three] five per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 55 | + | |
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| 56 | + | (13) On and after January 1, 2018, not less than seventeen per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional [three] five per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 57 | + | |
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| 58 | + | (14) On and after January 1, 2019, not less than nineteen and one-half per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional [three] five per cent of the total output or services shall be from Class I or Class II renewable energy sources; |
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| 59 | + | |
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| 60 | + | (15) On and after January 1, 2020, not less than twenty per cent of the total output or services of any such supplier or distribution company shall be generated from Class I renewable energy sources and an additional [three] five per cent of the total output or services shall be from Class I or Class II renewable energy sources. |
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