Sec. 16-19tt. Gas and electric distribution companies' distribution revenue decoupling. - Connecticut Statutes

      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.