LCO 3854 \\PRDFS1\HCOUSERS\BARRYJN\WS\2021HB-06523-R01- HB.docx 1 of 2 General Assembly Raised Bill No. 6523 January Session, 2021 LCO No. 3854 Referred to Committee on ENERGY AND TECHNOLOGY Introduced by: (ET) AN ACT CONCERNING VI RTUAL NET METERING C REDITS FOR MANUFACTURERS IN DIS TRESSED MUNICIPALITIES. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Subdivision (1) of subsection (e) of section 16-244u of the 1 general statutes is repealed and the following is substituted in lieu 2 thereof (Effective July 1, 2021): 3 (e) (1) On or before October 1, 2013, the Public Utilities Regulatory 4 Authority shall conduct a proceeding to develop the administrative 5 processes and program specifications, including, but not limited to, a 6 cap of [twenty] thirty million dollars per year apportioned to each 7 electric distribution company based on consumer load, for credits 8 provided to beneficial accounts pursuant to subsection (b) of this section 9 and payments made pursuant to subsection (c) of this section, provided 10 the municipal, state and agricultural customer hosts, each in the 11 aggregate, and the designated beneficial accounts of such customer 12 hosts, shall receive not more than forty per cent of the dollar amount 13 established pursuant to this subdivision. At least ten million dollars per 14 year, of the thirty million dollars per year cap, shall be designated for 15 Raised Bill No. 6523 LCO 3854 {\\PRDFS1\HCOUSERS\BARRYJN\WS\2021HB-06523- R01-HB.docx } 2 of 2 manufacturers located in a distressed municipality, as defined in section 16 32-9p, provided that such manufacturers include, in its application to an 17 electric distribution company, an anticipated plan for the utilization of 18 any energy savings associated with the credits received under this 19 section. 20 This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2021 16-244u(e)(1) ET Joint Favorable