WeVote
Log In

Bill

Bill

H 3555

An Act relative to reporting on funds received from the Clean Energy Standard and future Clean Heat Standard program

194th Legislature (2025-2026) Introduced by Jeff Roy

Bill H 3555 mandates annual reports on Clean Energy and Clean Heat funds, detailing expenditures and impacts on electric and gas ratepayers in Massachusetts.

Accompanied a new draft, see H4744
0
WeVote Research Nonpartisan
Bill Summary · H 3555

Summary of Bill H 3555: Reporting on Clean Energy and Clean Heat Funds

Bill Overview

Bill Number: H 3555
Title: An Act relative to reporting on funds received from the Clean Energy Standard and future Clean Heat Standard program
Introduced: February 27, 2025
Status: Accompanied a new draft, see H4744
Presented by: Representative Jeffrey N. Roy (10th Norfolk)

Purpose and Intent

The primary purpose of Bill H 3555 is to enhance transparency and accountability regarding the financial activities associated with the Clean Energy Standard and the forthcoming Clean Heat Standard program in Massachusetts. The bill mandates the annual reporting of expenditures related to alternative compliance payments and the sale or redemption of certificates or credits under these programs.

Key Provisions

  • Annual Reporting Requirement:
    The bill amends Chapter 23J of the General Laws to require the Department of Energy Resources to submit an annual report by August 15 each year. This report must detail:

    • All expenditures from alternative compliance payments received by the department.
    • Funds generated from the redemption or sale of certificates or credits authorized by current or future programs under Chapter 21N of the General Laws.

  • Content of the Report:
    The report must include:

    • A description of the cost impacts of these expenditures on ratepayers of electric and gas distribution companies, as defined in Chapter 164.
    • Approximate monthly bill impacts categorized by customer class or group.
    • An explanation of how these expenditures contribute to compliance with established limits and sublimits under Chapter 21N.

Affected Parties

The bill primarily affects:
- Department of Energy Resources: Responsible for compiling and submitting the required reports.
- Ratepayers: Customers of electric and gas distribution companies who may experience cost impacts from the expenditures reported.
- Legislative Committees: The report will be submitted to the Governor and various legislative committees, including the Joint Committee on Telecommunications, Utilities and Energy, and the Joint Committee on Environment.

Procedural Aspects

  • Hearing Schedule: A hearing for the bill was initially scheduled for October 3, 2025, and was later rescheduled to October 16, 2025.
  • Legislative Actions: The bill was referred to the committee on Telecommunications, Utilities and Energy on February 27, 2025, and the Senate concurred on the same date.

Conclusion

Bill H 3555 aims to ensure that the financial implications of the Clean Energy Standard and future Clean Heat Standard programs are clearly reported and understood. By mandating detailed annual reports, the bill seeks to promote accountability and transparency in the management of funds related to clean energy initiatives in Massachusetts.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.