(a) An electric distribution company shall not own or operate generation assets, except as provided in this section and sections 16-43d, 16-243m, 16-243u, 16a-3b and 16a-3c, provided nothing in this section or in § 16-244w shall be interpreted to prohibit or limit the ability of an electric distribution company from building, owning or operating an energy storage system.

Terms Used In Connecticut General Statutes 16-244e

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Authority: means the Public Utilities Regulatory Authority and "department" means the Department of Energy and Environmental Protection. See Connecticut General Statutes 16-1
  • distribution company: means any person providing electric transmission or distribution services within the state, but does not include: (A) A private power producer, as defined in §. See Connecticut General Statutes 16-1
  • Electric generation services: means electric energy, electric capacity or generation-related services. See Connecticut General Statutes 16-1
  • Energy storage system: means any commercially available technology that is capable of absorbing energy, storing it for a period of time and thereafter dispatching the energy, and that is capable of either: (A) Using mechanical, chemical or thermal processes to store electricity that is generated at one time for use at a later time. See Connecticut General Statutes 16-1

(b) Each electric distribution company shall provide all customers with a bill that separates the electric generation services component of those charges.

(c) (1) The Public Utilities Regulatory Authority shall authorize an electric distribution company to recover its prudently incurred costs and investments, which shall be determined by the authority in a contested case, for any energy storage system such electric distribution company builds, owns or operates to enhance distribution reliability or resiliency at the time of the electric distribution company’s next rate case, at which time such costs and investments shall be recoverable through base distribution rates consistent with the principles set forth in sections 16-19 and 16-19e.

(2) For any completed energy storage system, the company shall maximize the value from the system’s participation in wholesale electricity, capacity or other markets, as applicable, while maintaining distribution system reliability. Any net revenues from such participation shall be credited to ratepayers to offset the cost of the completed system in rates.