AN ACT CONCERNING AUDITS OF THE UTILITY PROGRAMS OVERSEEN BY THE ENERGY CONSERVATION MANAGEMENT BOARD.
What changed between versions
Changed the subject from auditing the Connecticut Green Bank's residential energy assessment programs to regulating utility company conservation and load management plans.
Added requirements for electric and gas companies to submit combined conservation and load management plans every three years, starting November 1, 2012.
Established conservation adjustment mechanisms to fund plans, with electric rates capped at six mills per kilowatt hour and gas rates capped at 4.6 cents per hundred cubic feet.
Added requirement that program cost-effectiveness be audited annually by the Auditors of Public Accounts, with failing programs required to be modified or terminated.
Changed effective date from October 1, 2025 to November 1, 2012 for plan submissions, and added annual audit requirements starting March 1, 2005.
Removed exemptions for residential projects with one to four dwelling units from annual auditing requirements.