Sec. 16-243i. Awards to retail end use electric customers and electric distribution companies re customer-side distributed resources.
Sec. 16-243i. Awards to retail end use electric customers and electric distribution companies re customer-side distributed resources. (a) The Department of Public
Utility Control shall, not later than January 1, 2006, establish a program to grant awards
to retail end use customers of electric distribution companies to fund the capital costs
of obtaining projects of customer-side distributed resources, as defined in section 16-1. Any project shall receive a one-time, nonrecurring award in an amount of not less
than two hundred dollars and not more than five hundred dollars per kilowatt of capacity
for such customer-side distributed resources, recoverable from federally mandated congestion charges, as defined in section 16-1. No such award may be made unless the
projected reduction in federally mandated congestion charges attributed to the project
for such distributed resources is greater than the amount of the award. The amount of
an award shall depend on the impact that the customer-side distributed resources project
has on reducing federally mandated congestion charges, as defined in section 16-1. Not
later than October 1, 2005, the department shall conduct a contested case proceeding,
in accordance with chapter 54, to establish additional standards for the amount of such
awards and additional criteria and the process for making such awards.
(b) The Department of Public Utility Control shall, not later than January 1, 2006,
establish a program to grant to an electric distribution company a one-time, nonrecurring
award to educate, assist and promote investments in customer-side distributed resources
developed in such company's service territory, which resources the department determines will reduce federally mandated congestion charges, in accordance with the following: (1) On or before January 1, 2008, two hundred dollars per kilowatt of such resources,
(2) on or before January 1, 2009, one hundred fifty dollars per kilowatt of such resources,
(3) on or before January 1, 2010, one hundred dollars per kilowatt of such resources,
and (4) fifty dollars per kilowatt of such resources thereafter. Payment of the award
shall be made at the time each such resource becomes operational. The cost of the award
shall be recoverable from 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.
(June Sp. Sess. P.A. 05-1, S. 8.)
History: June Sp. Sess. P.A. 05-1 effective July 21, 2005.