Connecticut House Bill HB05019

Connecticut 2015 Regular Session

• Introduced: 1/7/15
• Refer: 1/7/15

Caption

An Act Prohibiting Expenditures Resulting From Storm Maintenance, Improvement Or Repair From Being Factored Into Electric Or Gas Utility Rates.

Impact

If enacted, HB 05019 would significantly change the financial landscape for utility companies, particularly in how they respond to storm-related damages. By barring companies from recouping costs through utility rates, the bill could lead to financial strain on these companies, potentially affecting their investment in infrastructure and maintenance. Additionally, the legislation aims to protect consumers from inflated utility costs, which could enhance economic stability for households that rely on electric and gas services.

Summary

House Bill 05019 seeks to amend the existing legislation by prohibiting electric distribution and gas companies from recovering costs associated with expenditures that result from storm maintenance, improvement, or repair. This initiative, introduced by Representative Fritz, aims to prevent utility companies from passing these costs onto consumers through higher rates in the aftermath of storm events. The bill specifically addresses costs related to vegetation management and utility infrastructure maintenance as a response to actual or anticipated storm damage.

Contention

Discussion around HB 05019 may center on balancing the interests of utility companies and customer protections. Proponents argue that consumers should not bear the financial burden of maintaining infrastructure against unpredictable storm damages. Conversely, opponents might express concerns that this measure could discourage utility companies from proactively managing their infrastructure and preparing for storm events. As maintenance costs rise without the ability to recover them, utility companies may struggle to sustain or improve service quality, leading to potential adverse effects on infrastructure resilience.