Connecticut § 16-19bb - Application or refund of electric distribution company rate moderation funds.
Full text of Connecticut Connecticut General Statutes § 16-19bb — Application or refund of electric distribution company rate moderation funds., with citation guidance and answers to common questions.
§ 16-19bb. Application or refund of electric distribution company rate moderation funds.
Sec. 16-19bb. Application or refund of electric distribution company rate moderation funds. The Public Utilities Regulatory Authority shall require that any funds held by an electric distribution company in excess of the company's authorized return on equity, which funds are intended by the authority to offset future rate increases in lieu of a present rate decrease, shall be applied to such rate increases or shall be refunded to the company's customers, in a manner determined by the authority, not later than the conclusion of the company's next proceeding conducted pursuant to section 16-19a.
(P.A. 87-331, S. 3, 4; P.A. 98-28, S. 93, 117; P.A. 11-80, S. 1; P.A. 14-134, S. 58; P.A. 23-102, S. 10.)
History: P.A. 98-28 added electric distribution companies and made a technical change, effective July 1, 1998; pursuant to P.A. 11-80, “Department of Public Utility Control” was changed editorially by the Revisors to “Public Utilities Regulatory Authority”, effective July 1, 2011; P.A. 14-134 deleted reference to electric company, deleted “not later than July 1, 1988” and deleted provision re funds collected after July 1, 1988, effective June 6, 2014; P.A. 23-102 replaced “within one year of receipt” with provision re manner of application or refund and reference to company's next proceeding, effective June 29, 2023.
Source: official Connecticut text · Last verified 2026-08-27
Frequently Asked Questions About Connecticut § 16-19bb
What does Connecticut General Statutes § 16-19bb cover?
Section 16-19bb ("Application or refund of electric distribution company rate moderation funds.") is part of the Connecticut General Statutes, the codified statutory law of Connecticut. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Connecticut § 16-19bb?
A common citation format is "Connecticut General Statutes § 16-19bb" (Connecticut). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Connecticut law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Connecticut official source linked on this page or consult a licensed Connecticut attorney.
How does Connecticut § 16-19bb apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Connecticut can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Connecticut.