Bipartisan proposal would end public benefits charge, create new agency to buy electricity

Fonfara Unveils Bill To Eliminate Public Benefits Charge, Fund Energy Programs with Green Bonds

With Connecticut residents facing some of the highest electric bills in the nation, lawmakers convened Tuesday at the Legislative Office Building to introduce a comprehensive proposal aimed at reducing rates and modernizing the state's energy infrastructure.​

Bipartisan proposal would end public benefits charge, create new agency to buy electricity

A bipartisan group of lawmakers rolled out a new bill Wednesday that would remove the public benefits charge from electricity bills. Sen. John Fonfara (D-Hartford) estimated the move would save ratepayers 20%, a sign that “relief is coming.” The bill would also create a new quasi-public agency to buy electricity for most customers, removing procurement responsibilities from the utilities. It got support from a group of Senate Democrats and House…

Lawmakers claim bill will lower energy costs by 40% over two years

A bill introduced late in the session would create an independent quasi-public agency to manage electricity rates that legislators say would lower costs by 40 percent over the next two years.In a press conference held prior to a Finance, Revenue, and Bonding Committee public hearing, a bipartisan group of legislators expressed support for SB 1560, saying it would help lower electricity costs and address Connecticut’s high electricity prices.The …

Measures, if they were to take effect today, would have an impact of 1.4% on the rates for other customers