Connecticut House Bill HB06228

Connecticut 2011 Regular Session

• Introduced: 1/27/11
• Refer: 1/27/11

Caption

An Act Reducing The Economic Recovery Revenue Bond Surcharge For Certain Electric Customers.

Impact

If enacted, HB06228 would modify Section 16-245f of the Connecticut General Statutes. This amendment will ensure that the surcharge imposed for revenue bonds does not exceed a specific threshold, thus protecting a vulnerable population from increasing utility costs. Such a cap could also set a precedent for similar protective measures for other groups of consumers facing financial hardship due to energy expenses.

Summary

House Bill 06228 aims to alleviate the financial burden on certain electric customers by capping the economic recovery revenue bond surcharge. Specifically, this bill targets senior citizens who are 55 years and older and heat their homes exclusively using electricity. By establishing a cap equal to the average surcharge as of June 1, 2010, the bill seeks to provide relief to a demographic that often faces fixed incomes and rising energy costs.

Contention

Discussion surrounding HB06228 may highlight concerns over the implications of capping this surcharge. Proponents argue that this measure is necessary for protecting older adults, while opponents might question the financial sustainability of capping these charges for electric distribution companies. The balance between providing relief to seniors and maintaining revenue for essential services is likely to be a point of contention during legislative discussions.