The CPS is a minimum standard obligation applied to all retail electricity suppliers and is set as a percentage of total retail sales
The annual obligation on suppliers must increase by at least 0.25% per year
Retail load served under contracts executed prior to 1/1/19 is exempt from obligation
Among other things, under the straw proposal, DOER aims to keep ratepayer costs at under $0.005/kWh
Under the straw proposal, DOER anticipates keeping the ACP rate level for the first 10 years, and then declining the ACP annually to control ratepayer costs, reflect declining technology costs, and reflect potentially diminishing value of further reductions in peak demand
Under the straw draft, the DOER proposes to require a procurement process for EDCs: Preference would be to establish compensation via a tariff based mechanism if deemed feasible (e.g. SMART), however, could require standard form contracts to be signed with each selected project (e.g. CT LREC/ZREC programs)