| Old | New | Differences | |
|---|---|---|---|
| 1 | - | Substitute Senate Bill No. 573 | |
| 1 | + | General Assembly Substitute Bill No. 573 | |
| 2 | + | January Session, 2015 *_____SB00573ET____032515____* | |
| 2 | 3 | ||
| 3 | - | Public Act No. 15-90 | |
| 4 | + | General Assembly | |
| 5 | + | ||
| 6 | + | Substitute Bill No. 573 | |
| 7 | + | ||
| 8 | + | January Session, 2015 | |
| 9 | + | ||
| 10 | + | *_____SB00573ET____032515____* | |
| 4 | 11 | ||
| 5 | 12 | AN ACT CONCERNING VARIABLE ELECTRIC RATES. | |
| 6 | 13 | ||
| 7 | 14 | Be it enacted by the Senate and House of Representatives in General Assembly convened: | |
| 8 | 15 | ||
| 9 | - | Section 1. Subsection (g) of section 16-245o of the general statutes is amended by adding subdivision (4) as follows (Effective | |
| 16 | + | Section 1. Subsection (g) of section 16-245o of the general statutes is amended by adding subdivision (4) as follows (Effective October 1, 2015): | |
| 10 | 17 | ||
| 11 | 18 | (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. | |
| 12 | 19 | ||
| 13 | - | Sec. 2. Section 16-245o of the general statutes is amended by adding subsections (n) and (o) as follows (Effective from passage): | |
| 14 | 20 | ||
| 15 | - | (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. | |
| 16 | 21 | ||
| 17 | - | (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, 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. | |
| 22 | + | ||
| 23 | + | This act shall take effect as follows and shall amend the following sections: | |
| 24 | + | Section 1 October 1, 2015 16-245o(g) | |
| 25 | + | ||
| 26 | + | This act shall take effect as follows and shall amend the following sections: | |
| 27 | + | ||
| 28 | + | Section 1 | |
| 29 | + | ||
| 30 | + | October 1, 2015 | |
| 31 | + | ||
| 32 | + | 16-245o(g) | |
| 33 | + | ||
| 34 | + | ||
| 35 | + | ||
| 36 | + | ET Joint Favorable Subst. | |
| 37 | + | ||
| 38 | + | ET | |
| 39 | + | ||
| 40 | + | Joint Favorable Subst. |