Bill Text: CT HB05215 | 2010 | General Assembly | Comm Sub

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Bill Title: An Act Concerning Modifications To The Purchased Gas, Energy And Transmission Rate Adjustment Clauses.

Spectrum: Slight Partisan Bill (Democrat 3-1)

Status: (Engrossed - Dead) 2010-05-03 - Favorable Report, Tabled for the Calendar, Senate [HB05215 Detail]

Download: Connecticut-2010-HB05215-Comm_Sub.html

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General Assembly		Raised Bill No. 5215
February Session, 2010		LCO No. 1033
		*_____HB05215ET____031710____*
Referred to Committee on Energy and Technology
Introduced by:
(ET)

AN ACT CONCERNING MODIFICATIONS TO THE PURCHASED GAS, ENERGY AND TRANSMISSION RATE ADJUSTMENT CLAUSES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Subsection (h) of section 16-19b of the general statutes is repealed and the following is substituted in lieu thereof (Effective from passage):

(h) The Department of Public Utility Control shall continually monitor and oversee the application of the purchased gas adjustment clause, the energy adjustment clause, and the transmission rate adjustment clause. [The] For the purchased gas adjustment clause and the energy adjustment clause, the department shall hold a public hearing thereon whenever the department deems it necessary or upon application of the Office of Consumer Counsel, but no less frequently than annually. For the transmission rate adjustment clause, the department shall hold a public hearing thereon whenever the department deems it necessary [,] or upon application of the Office of Consumer Counsel, but no less frequently than once every six months. [, and] The department shall undertake such other proceeding [thereon] on the purchased gas, energy and transmission rate adjustment clauses to determine whether charges or credits made under such clauses reflect the actual prices paid for purchased gas or energy and the actual transmission costs and are computed in accordance with the applicable clause. If the department finds that such charges or credits do not reflect the actual prices paid for purchased gas or energy, and the actual transmission costs or are not computed in accordance with the applicable clause, it shall recompute such charges or credits and shall direct the company to take such action as may be required to insure that such charges or credits properly reflect the actual prices paid for purchased gas or energy and the actual transmission costs and are computed in accordance with the applicable clause for the applicable period.

This act shall take effect as follows and shall amend the following sections:
Section 1	from passage	16-19b(h)

ET

Joint Favorable