The General Assembly Raised Bill No. 5246 proposes technical revisions to existing statutes related to energy and technology. Key changes include the repeal of certain provisions in section 16-50mm and section 16-245i, which are replaced with new language that clarifies the requirements for evaluations by the department and the Office of Consumer Counsel. Specifically, the bill mandates that evaluations and draft reports must be completed and shared with electric distribution companies at least ninety days before they file applications with the Connecticut Siting Council, contingent upon the companies notifying the department of their anticipated filing date at least twelve months in advance.
Additionally, the bill modifies the language regarding financing orders and competitive transition assessments, ensuring that these orders remain irrevocable and cannot be altered or rescinded in a way that would affect the stranded costs or the value of transition property. It also establishes a reporting requirement for the Commissioner of Energy and Environmental Protection, who must report annually on load factors and strategies to achieve system efficiency goals. The revisions aim to streamline processes and enhance clarity in the regulatory framework governing energy and technology in Connecticut.