Bill Text: CT SB00394 | 2016 | General Assembly | Chaptered
Bill Title: An Act Concerning Authorizations Relating To Virtual Net Metering.
Spectrum: Committee Bill
Status: (Passed) 2016-06-10 - Signed by the Governor [SB00394 Detail]
Download: Connecticut-2016-SB00394-Chaptered.html
Substitute Senate Bill No. 394
AN ACT CONCERNING AUTHORIZATIONS RELATING TO VIRTUAL NET METERING.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Subsection (e) of section 16-244u of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2016):
(e) (1) On or before October 1, 2013, the Public Utilities Regulatory Authority shall conduct a proceeding to develop the administrative processes and program specifications, including, but not limited to, a cap of ten million dollars per year apportioned to each electric distribution company based on consumer load, for credits provided to beneficial accounts pursuant to subsection (c) of this section and payments made pursuant to subsection (d) of this section, provided the municipal, state and agricultural customer hosts, each in the aggregate, and the designated beneficial accounts of such customer hosts, shall receive not more than forty per cent of the dollar amount established pursuant to this [subsection] subdivision.
(2) In addition to the provisions of subdivision (1) of this subsection, the authority shall authorize six million dollars per year for municipal customer hosts, apportioned to each electric distribution company based on consumer load, for credits provided to beneficial accounts pursuant to subsection (c) of this section and payments made pursuant to subsection (d) of this section where such municipal customer hosts have: (A) Submitted an interconnection application to an electric distribution company on or before April 13, 2016, and (B) submitted a virtual net metering application to an electric distribution company on or before April 13, 2016.