Connecticut Senate Bill SB01100

Connecticut 2023 Regular Session

• Introduced: 2/23/23
• Refer: 2/23/23

Caption

An Act Concerning Technical Revisions To The Energy Statutes.

Impact

The bill's revisions are expected to enhance the regulatory framework within which energy providers operate. By clearly stating the penalties for violations, it aims to encourage compliance among licensees while also allocating the resulting penalties towards renewable energy initiatives. Furthermore, the bill emphasizes a structured approach to enforcement, mandating that any failures to meet standards result in defined civil penalties payable to organizations focused on energy assistance and sustainability.

Summary

SB01100, an act concerning technical revisions to the energy statutes, proposes to amend existing laws related to energy license compliance. The bill aims to streamline the enforcement of renewable portfolio standards by the Public Utilities Regulatory Authority (PURA), defining penalties for licensees who fail to comply with these standards. With the amendments, the bill specifies payment structures for non-compliance based on different classes of renewable energy sources, instituting varying penalties as the timelines progress from 2017 to 2023.

Contention

While the intent of SB01100 focuses on improving compliance and sustainability efforts, there may be concerns regarding the financial impact on energy providers who could face increased costs due to penalties. Discussions around the bill may also highlight debates on whether the proposed penalties are sufficient to ensure compliance or if they could disproportionately affect smaller energy companies, potentially limiting their ability to compete within the market.