Connecticut § 16-244n Standard service contract buydown.

Connecticut Statutes

§ 16-244n — Standard service contract buydown.

Connecticut § 16-244n

Title 16Public Service Companies

Ch. 283Telephone, Gas, Power and Water Companies

This text of Connecticut § 16-244n (Standard service contract buydown.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 16-244n (2026).

Text

Upon the request of an electric distribution company, the Department of Energy and Environmental Protection shall initiate a docket to consider the buydown of an electric distribution company's current standard service contract to reduce ratepayer bills and conduct a cost benefit analysis of such a buydown. If the department, as a result of such docket, determines such a buydown is in the best interest of ratepayers, the company shall proceed with such buydown.

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Upon the request of an electric distribution company, the Department of Energy and Environmental Protection shall initiate a docket to consider the buydown of an electric distribution company's current standard service contract to reduce ratepayer bills and conduct a cost benefit analysis of such a buydown. If the department, as a result of such docket, determines such a buydown is in the best interest of ratepayers, the company shall proceed with such buydown.

Legislative History

(P.A. 11-80, S. 93.) History: P.A. 11-80 effective July 1, 2011 (Revisor's note: A reference to “Bureau of Public Utility Control” was deleted editorially by the Revisors for clarity).