Conn. Gen. Stat. § 16-244n

Current with legislation from the 2024 Regular and Special Sessions effective through July 1, 2024.
Section 16-244n - Standard service contract buydown

Upon the request of an electric distribution company, the Department of Energy and Environmental Protection shall initiate a docket to consider the buydown of an electric distribution company's current standard service contract to reduce ratepayer bills and conduct a cost benefit analysis of such a buydown. If the department, as a result of such docket, determines such a buydown is in the best interest of ratepayers, the company shall proceed with such buydown.

Conn. Gen. Stat. § 16-244n

( P.A. 11-80, S. 93.)

Added by P.A. 11-0080, S. 93 of the the 2011 Regular Session, eff. 7/1/2011.