General Assembly Raised Bill No. 6985
January Session, 2015 LCO No. 4798
*04798_______ET_*
Referred to Committee on ENERGY AND TECHNOLOGY
Introduced by:
(ET)
General Assembly
Raised Bill No. 6985
January Session, 2015
LCO No. 4798
*04798_______ET_*
Referred to Committee on ENERGY AND TECHNOLOGY
Introduced by:
(ET)
AN ACT INCREASING NATURAL GAS TRANSPORTATION CAPACITY.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (NEW) (Effective October 1, 2015) An electric distribution company may enter into a long-term contract for the purchase of natural gas transportation capacity for the benefit of electric distribution company customers. Such contract shall be submitted to the Public Utilities Regulatory Authority for its review and approval. The net benefits received or costs incurred by the electric distribution company as a result of such contract shall be either distributed to or recovered from all customers of the contracting electric distribution company through the federally mandated congestion charge as defined in section 16-1 of the general statutes.
This act shall take effect as follows and shall amend the following sections:
Section 1 October 1, 2015 New section
This act shall take effect as follows and shall amend the following sections:
Section 1
October 1, 2015
New section
Statement of Purpose:
To authorize electric distribution companies to enter into long-term contracts for the purchase of natural gas transportation capacity.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]