Section 16-19gg - Factors to be considered during a rate proceeding(a) During each proceeding on a rate amendment under section 16-19 proposed by an electric or gas public service company, as defined in section 16-1, the Public Utilities Regulatory Authority, when determining rates for individual rate classes, shall give consideration to the energy cost of manufacturers by analyzing the following: (1) The effect of different rates of return among rate classes upon manufacturers;(2) the use of different cost allocation methodologies;(3) the use of flexible pricing; and(4) any other issue deemed relevant by the authority.(b) During each proceeding on a rate amendment under section 16-19 proposed by an electric distribution company, gas company or water company, the Public Utilities Regulatory Authority shall consider the following factors in determining a reasonable rate of return: (1) Macroeconomic conditions at the time the rate amendment is pending before the authority;(2) the company's compliance with state law, regulations and the decisions and policies of the authority and the Department of Energy and Environmental Protection;(3) the burden of the public service company's costs on residential ratepayers, measured as a percentage of household income, under the current and proposed rate;(4) trends in the company's accrual of bad debt;(5) the rate impact on all residential and nonresidential customers; and(6) any other issue deemed relevant by the authority.Conn. Gen. Stat. § 16-19gg
(P.A. 90-65, S. 1, 5; P.A. 92-99 , S. 1 , 3 ; P.A. 11-80 , S. 1 .)
Amended by P.A. 23-0102,S. 6 of the Connecticut Acts of the 2023 Regular Session, eff. 6/29/2023.