Amendment ID: S3143-72

Amendment 72

Peak Performance

Mr. Eldridge, Ms. Edwards and Ms. Howard move that the proposed new text be amended in section 61, by inserting after the words “plans approved by the department”, in line 2092, the following words:- “provided that such targets shall demonstrate a growing share of peak demand met by distributed energy resources relative to the prior plan period; and provided further, that such targets shall include specific sub-targets for enrollment of low-income households in load management and virtual power plant programs.”;

In said section 61, by inserting after the words “in subsection (a),”, in line 2223, the following words:- “As a further condition for approval, a plan shall specify programs and investments to implement distributed energy resources and virtual power plants in all cases where such resources are identified as cost-effective alternatives to proposed transmission or distribution infrastructure investments to the extent practicable and consistent with the provisions of subsection (b).”; and

In said section 61, by inserting after the words “utility customers”, in line 2243, the following words:- “The department shall also establish financial penalties applicable to electric companies that fail to meet the quantitative peak load reduction targets and low-income household enrollment sub-targets established pursuant to subsection (a)(A)(2); such penalties shall be determined by the department by regulation and shall be proportionate to the magnitude and duration of the shortfall.”