The proposed bill, General Assembly Proposed Bill No. 5942, seeks to amend title 16 of the general statutes to enable electric suppliers to purchase renewable energy credits from out-of-state providers. This change aims to expand the options available to electric suppliers in sourcing renewable energy credits, thereby potentially enhancing the state's renewable energy portfolio and supporting broader market participation.
The bill introduces new legal language that permits these purchases, while there are no deletions from the current law specified in the text. The primary objective of this legislation is to facilitate the acquisition of renewable energy credits from external sources, which could contribute to the state's energy sustainability goals.