This update features policy, regulatory, legislative, and regional developments in Connecticut and New England. The policy updates are compiled by a team recently formed with support from CPES, known as the New Energy Professionals. If you are interested in learning more about the New Energy Professionals, the Policy Committee, or if you have ideas for future policy updates, we would welcome your input and feedback. Please send comments to Paul Brady, CPES Executive Director, via email: email@example.com.
This week’s features:
- Utilities Announce New Residential Rates
- 2016 Legislative Session Wrap-Up
- ISO NE Issues Regional Overview
CONNECTICUT POLICY/REGULATORY UPDATE: CT Public Utilities Regulatory Authority
New Residential Generation Rates Announced for July 1st
The Connecticut Public Utilities Regulatory Authority (PURA) has approved revised generation rates for Eversource and United Illuminating (UI) standard service customers. Based on the results of competitive auctions held earlier this year, effective July 1, 2016, Eversource’s residential generation rate will decrease from 9.555 cents per kWh to 6.606 cents per kWh. UI’s residential generation rate will decrease from 10.7358 cents per kWh to 8.0224 cents per kWh. The new standard service rates represent an approximately 20% and 12% reduction, respectively, when compared to rates last year. The PURA Dockets associated with the new rates are available at the following links: Eversource, UI.
CONNECTICUT LEGISLATIVE UPDATE
Information about the Energy and Technology Committee, including committee meetings and public hearings, is available at: https://www.cga.ct.gov/et/.
The 2016 regular session ended on May 4, 2016. During the session, both the Senate and House of Representatives passed the following bills that may be of interest to you:
- S.B. No. 272: AN ACT CONCERNING THE USE OF MICROGRID GRANTS AND LOANS FOR CERTAIN DISTRIBUTED ENERGY GENERATION PROJECTS.
- S.B. No. 334: AN ACT CONCERNING REVISIONS TO CERTAIN ENERGY PURCHASING POOL AND LIFE-CYCLE COST ANALYSES STATUTES.
- S.B. No. 366: AN ACT CONCERNING ADMINISTRATION OF THE CONNECTICUT GREEN BANK, THE PRIORITY OF THE BENEFIT ASSESSMENTS LIEN UNDER THE GREEN BANK’S COMMERCIAL SUSTAINABLE ENERGY PROGRAM AND THE GREEN BANK’S SOLAR HOME RENEWABLE ENERGY CREDIT PROGRAM.
- S.B. No. 394: AN ACT CONCERNING AUTHORIZATIONS RELATING TO VIRTUAL NET METERING FOR CERTAIN ZERO OR LOW EMISSION GENERATION PROJECTS.
- H.B. No. 5242: AN ACT CONCERNING AGRICULTURAL VIRTUAL NET METERING.
- H.B. No. 5427: AN ACT CONCERNING THE SHARED CLEAN ENERGY FACILITY PILOT PROGRAM.
- H.B. No. 5496: AN ACT CONCERNING CERTAIN VIRTUAL NET METERING FACILITIES.
- H.B. No. 5510: AN ACT CONCERNING ELECTRIC AND FUEL CELL ELECTRIC VEHICLES.
Regional and Industry Developments
ISO New England Releases Overview of the Wholesale Electricity Markets
Now available on the ISO New England website is an overview of the region’s wholesale electricity markets, which were built on several key principles, including competition, efficiency, and transparency. These markets are securing reliable electricity at competitive prices and helping usher in a cleaner, greener grid. To access this overview, please click here .