Connecticut 2025 Regular Session

Connecticut Senate Bill SB00097 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 726 1 of 1
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55 General Assembly Proposed Bill No. 97
66 January Session, 2025
77 LCO No. 726
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1010 Referred to Committee on ENERGY AND TECHNOLOGY
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1313 Introduced by:
1414 SEN. HWANG, 28th Dist.
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1818 AN ACT CONCERNING POWER PURCHASE AGREEMENT RATES
1919 ABOVE WHOLESALE PRICES.
2020 Be it enacted by the Senate and House of Representatives in General
2121 Assembly convened:
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2323 That the general statutes be amended to prohibit the Commissioner 1
2424 of Energy and Environmental Protection or any electric distribution 2
2525 company from entering into a power purchase agreement that provides 3
2626 for the purchase of electricity at a rate exceeding one hundred fifty per 4
2727 cent of the wholesale price of electricity 5
2828 Statement of Purpose:
2929 To prohibit the Commissioner of Energy and Environmental Protection
3030 or electric distribution companies from entering into a power purchase
3131 agreement if the price for electricity under such agreement exceeds one
3232 hundred fifty per cent of the wholesale price of electricity.