Sec. 16-19tt. Gas and electric distribution companies' distribution revenue decoupling.
Sec. 16-19tt. Gas and electric distribution companies' distribution revenue
decoupling. In any rate case initiated on and after June 4, 2007, the Department of
Public Utility Control shall order the state's gas and electric distribution companies to
decouple distribution revenues from the volume of natural gas or electricity sales through
any of the following strategies, singly or in combination: (1) A mechanism that adjusts
actual distribution revenues to allowed distribution revenues, (2) rate design changes
that increase the amount of revenue recovered through fixed distribution charges, or
(3) a sales adjustment clause, rate design changes that increase the amount of revenue
recovered through fixed distribution charges, or both. In making its determination on
this matter, the department shall consider the impact of decoupling on the gas or electric
distribution company's return on equity and make necessary adjustments thereto.
(P.A. 07-242, S. 107.)
History: P.A. 07-242 effective June 4, 2007.