LCO No. 674 1 of 2 General Assembly Proposed Bill No. 123 January Session, 2023 LCO No. 674 Referred to Committee on ENERGY AND TECHNOLOGY Introduced by: SEN. FAZIO, 36th Dist. REP. BUCKBEE, 67th Dist. AN ACT CONCERNING THE PUBLIC UTILITIES REGULATORY AUTHORITY, THE REGULATION OF ELECTRIC RATES AND STATE PUBLIC POLICY CONCERNING ELECTRICITY GENERATION. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to: (1) Separate the Public 1 Utilities Regulatory Authority from the Department of Energy and 2 Environmental Protection; (2) provide the authority with the discretion 3 to make decoupling orders and determine a decoupling mechanism 4 pursuant to such orders that would benefit ratepayers and reduce 5 outages; (3) permit settlements of rate cases only if (A) the terms 6 conform with the principles in section 16-19e of the general statutes, (B) 7 the parties to the settlement appear before the authority to answer 8 questions about the settlement, and (C) the settlement is for a period not 9 longer than that of the underlying rate case; (4) reduce the public policy 10 charges embedded in electric rates or fund such public policies in the 11 state budget; (5) require that Combined Public Benefits Charge and the 12 Federally Mandated Congestion Charges be separated from Delivery 13 Charges on customer electric bills and combined into a new category 14 Proposed Bill No. 123 LCO No. 674 2 of 2 called "State Policy Charges"; (6) redefine "Class I renewable energy 15 source" to include trash-to-energy facilities, conventional hydropower 16 facilities, and nuclear power facilities and eliminate the "Class II 17 renewable energy source" category; and (7) create a task force to study 18 the procurement of standard service electricity contracts. 19 Statement of Purpose: To lower the cost of energy for ratepayers in the state.