Committee Bill No. 647 proposes significant reforms to Connecticut's energy regulatory framework, primarily aimed at enhancing consumer access to affordable electricity and improving energy conservation efforts. The bill repeals existing provisions in Section 16-245l, replacing them with new language that mandates the Public Utilities Regulatory Authority (PURA) to establish a systems benefits charge funded annually by the Treasurer from the General Fund, rather than collected from end-use customers. This change eliminates the previous requirement for electric distribution companies to collect the charge from customers. Additionally, the bill amends Section 16a-3m to streamline the approval process for power purchase agreements, requiring PURA to review and approve agreements within 180 days, or they will be automatically approved. The bill also introduces a new framework for electric and gas companies to submit a combined Conservation and Load Management Plan every three years, which must be approved by relevant authorities.

Moreover, the bill includes amendments to the governance of PURA, requiring staff to possess expertise in various fields and establishing ethical conduct guidelines for utility commissioners. It also introduces provisions to enhance environmental protections for communities identified as environmental justice areas, mandating agreements for new or modified permits in these regions. The bill establishes a Purchase Rebate program aimed at reducing energy costs and increasing energy supply, with several provisions set to take effect in 2025. Overall, Committee Bill No. 647 reflects a comprehensive effort to modernize energy regulations, promote sustainability, and ensure financial accountability in Connecticut's energy sector.

Statutes affected:
Committee Bill: 16-245l, 16-2, 4-5, 4-67e, 16-6b, 16-11, 16-244dd