Notwithstanding any provision of the general statutes, in exercising its discretion regarding whether to allow the recovery through rates of any portion of the compensation package for executives or officers or of any portion of any incentive compensation for employees of any electric distribution company, gas company or water company, as defined in section 16-1, the Public Utilities Regulatory Authority shall consider whether to require that any such compensation that is recoverable through rates be dependent upon the achievement of performance targets established pursuant to section 16-244aa.
(Sept. Sp. Sess. P.A. 20-5, S. 4.)
History: Sept. Sp. Sess. P.A. 20-5 effective October 2, 2020.