Sec. 16-243s. Awards to electric distribution companies for programs for load curtailment, demand reduction and retrofit conservation.
Sec. 16-243s. Awards to electric distribution companies for programs for load
curtailment, demand reduction and retrofit conservation. (a) The Department of
Public Utility Control shall, not later than January 1, 2006, establish a program to grant
awards from January 1, 2006, to December 31, 2010, of twenty-five dollars per kilowatt-year to electric distribution companies for programs, approved by the department and
developed in this state on or after January 1, 2006, of load curtailment, demand reduction
and retrofit conservation that reduce federally mandated congested charges for the period from January 1, 2006, to December 31, 2010, or such later date specified by the
department. No such award may be made unless the projected reduction in federally
mandated congestion charges attributed to the program is greater than the amount of
the award. Such companies' costs associated with establishing a program for which an
award is made and the cost of each such award shall be recoverable through the charge
for federally mandated congestion charges. Revenues from such awards shall not be
included in calculating the electric distribution company's earnings for the purpose of
determining whether its rates are just and reasonable under sections 16-19, 16-19a and
16-19e.
(b) Not later than January 31, 2007, and annually thereafter ending after January 31,
2011, or ending on such later date specified by the department, each electric distribution
company shall report to the Energy Conservation Management Board on such company's activities under this section.
(June Sp. Sess. P.A. 05-1, S. 35.)
History: June Sp. Sess. P.A. 05-1 effective July 21, 2005.