AN ACT CONCERNING THE RENEWABLE PORTFOLIO STANDARD, THE PUBLIC UTILITIES REGULATORY AUTHORITY AND PUBLIC UTILITY AFFILIATE ENTITIES AND REQUIRING A STUDY OF THE ELECTRIC GRID OF THE STATE.

HB 6290 redefines "class I renewable energy sources" to include nuclear and hydropower, expanding eligibility for certain clean energy incentives. It increases oversight of the Public Utilities Regulatory Authority, requires audits of utility-funded public benefit programs, and mandates separation between regulated utilities and their unregulated affiliates. The bill also imposes limits on revenue transfers between utility divisions and requires a detailed study of the state's electric grid viability. These changes directly affect public utilities, their affiliated companies, and electricity consumers through potential rate adjustments and program modifications.