Connecticut General Statutes Title 16. Public Service Companies § 16-244e. Ownership or operation of generation assets. Customer bill. Energy storage systems to enhance distribution reliability or resiliency

(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.