(a) The Public Utilities Regulatory Authority shall require each gas and electric public service company to implement a cost effective conservation and load management program consistent with integrated resource planning principles. As part of each conservation and load management program, the authority shall require specific programs to target the needs of manufacturers. The authority shall allow the gas or electric public service company either: (1) To earn a return on prudently incurred multiyear conservation and load management expenditures on programs and measures approved by the authority included in the company's rate base and successfully implemented by the company at a rate at least one percentage point but no more than five percentage points higher than such company's rate of return otherwise found to be reasonable; or (2) authorize a return of at least one percentage point but no more than five percentage points on the company's prudently incurred conservation and load management expenditures treated as operating costs on programs and measures approved by the authority and successfully implemented by the company. For the purposes of this section, “conservation and load management expenditures” shall include all prudent expenditures, approved by the authority by gas or electric public service companies designed to conserve energy or manage gas or energy load.
(b) The authority may authorize an electric public service company a return on such company's expenditures in acquiring energy conservation or load management measures, approved by the authority, from private power providers, as defined in section 16-243b.
(P.A. 88-57, S. 1; P.A. 90-65, S. 3, 5; P.A. 91-248, S. 6, 13; June Sp. Sess. P.A. 98-1, S. 47, 121; P.A. 11-80, S. 1.)
History: P.A. 90-65 added provision requiring specific conservation and load management programs for manufacturers; P.A. 91-248 added provisions re rate of return for certain conservation and load management programs and return on certain operating costs of certain conservation and load management programs and added a new Subsec. (b) allowing the department to authorize a return on company expenditures in acquiring certain conservation measures from private power producers; June Sp. Sess. P.A. 98-1 made a technical change to Subsec. (a), effective June 24, 1998; pursuant to P.A. 11-80, “Department of Public Utility Control” and “department” were changed editorially by the Revisors to “Public Utilities Regulatory Authority” and “authority”, respectively, effective July 1, 2011.
Structure Connecticut General Statutes
Title 16a - Planning and Energy Policy
Chapter 298 - Energy Utilization and Conservation
Section 16a-35k. - Legislative findings and policy.
Section 16a-35m. - Preparation of comprehensive energy plan. Report.
Section 16a-35n. - Policy to reduce energy consumption.
Section 16a-37. - Use of natural gas restricted. Exemptions. Regulations.
Section 16a-37c. - Shared energy savings program. Regulations.
Section 16a-37f. - Light bulbs purchased by budgeted agencies.
Section 16a-37t. - Benchmarking energy and water consumption in state buildings.
Section 16a-37v. - Pilot program for energy performance contract with a private vendor. Reports.
Section 16a-37w. - Program to encourage use of biodiesel in state buildings.
Section 16a-38. - Energy performance standards and life-cycle cost analyses for state buildings.
Section 16a-38b. - Achievement of energy performance standards.
Section 16a-38c. - Program to maximize efficiency of energy use in state buildings.
Section 16a-38d. - Energy conservation projects: Definitions.
Section 16a-38e. - Designation of priority energy projects. Regulations. Criteria. Report.
Section 16a-38f. - Agency decision outlines.
Section 16a-38g. - Decision schedule.
Section 16a-38h. - Buildings leased to state. Energy requirements.
Section 16a-38i. - Reduction of energy use in state buildings.
Section 16a-38j. - Equipment for use in state buildings; criteria established by regulations.
Section 16a-38l. - Management of energy use in state buildings. Strategic plan.
Section 16a-38n. - Clean and distributive generation grant program.
Section 16a-38q. - Eligible photovoltaic contractors under solar photovoltaic rebate program.
Section 16a-39a. - Pilot energy conservation management program.
Section 16a-39b. - Periodic meeting re opportunities for energy savings by the state.
Section 16a-40. - Definitions.
Section 16a-40a. - Energy Conservation Loan Fund.
Section 16a-40c. - State bonds for purposes of the Energy Conservation Loan Fund.
Section 16a-40e. - Green Connecticut Loan Guaranty Fund.
Section 16a-40f. - Green Connecticut Loan Guaranty Fund program.
Section 16a-40g. - Commercial sustainable energy program.
Section 16a-40j. - Bond authorization.
Section 16a-40m. - Residential clean energy on-bill repayment program.
Section 16a-41b. - Low-Income Energy Advisory Board.
Section 16a-41c. - Weatherization assistance.
Section 16a-41i. - Weatherization assistance program.
Section 16a-44c. - Bond authorization.
Section 16a-44d. - Validation of certain actions.
Section 16a-46d. - Commercial building energy conservation service program. Services.
Section 16a-46e. - Rebate program for residential furnace or boiler replacement.
Section 16a-46f. - Rebate program for residential furnace or boiler repair or upgrade.
Section 16a-46h. - Home Energy Solutions program audits.
Section 16a-46i. - Natural gas and heating oil conversion program.
Section 16a-47. - Energy conservation loans by electric and gas companies. Study. Implementation.
Section 16a-47a. - State-wide energy efficiency and outreach marketing campaign.
Section 16a-47b. - Real-time energy reports.
Section 16a-47c. - State-wide energy efficiency and outreach account.
Section 16a-47d. - Real-time energy alert system.
Section 16a-47e. - Capacity deficiency customer notification procedure.