SECTION 1. Section 21 of chapter 25 of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by striking out, in line 11, the word “electric” and inserting in place thereof the following word:- energy.
SECTION 2. Said section 21 of said chapter 25, as so appearing, is hereby further amended by inserting after the words “management programs”, in line 34, the following words:- , including energy storage and other active demand management technologies, and strategic electrification, such as measures that are designed to result in cost-effective reductions in greenhouse gas emissions through the use of expanded electricity consumption while minimizing ratepayer costs.
SECTION 3. Said section 21 of said chapter 25, as so appearing, is hereby further amended by striking out, in line 51, the word “and”.
SECTION 4. Said section 21 of said chapter 25, as so appearing, is hereby further amended by inserting after the word “management;”, in line 52, the following words:- and (J) programs that result in customers switching to renewable energy sources or other clean energy technologies.
SECTION 5. Said section 21 of said chapter 25, as so appearing, is hereby further amended by striking out, in line 74, the word “system” and inserting in place thereof the following word:- other.
SECTION 6. Paragraph (3) of subsection (b) of said section 21 of said chapter 25, as so appearing, is hereby amended by striking out the third sentence and inserting in place thereof the following 3 sentences:- For the purposes of cost-effectiveness review, programs shall be aggregated by sector. Any sector with a benefit cost ratio greater than 1.0 indicating benefits are greater than costs shall be considered cost-effective. If a sector fails the cost-effectiveness test as part of the review process, its component programs shall either be modified so that the sector meets the test or shall be terminated.
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