Connecticut Senate Bill SB00574

Connecticut 2015 Regular Session

• Introduced: 1/22/15
• Refer: 1/22/15

Caption

An Act Concerning Electric Distribution Company Rates And Charges.

Impact

The enactment of SB00574 would represent a significant change in how electric distribution companies charge their customers, particularly by establishing clear limits on fixed charges. This legislation could help alleviate financial pressure on consumers, especially in times of economic hardship or when energy prices are volatile. Additionally, by simplifying the billing structure, the bill may enhance transparency for consumers regarding what they are being charged, making it easier for them to manage their utility bills effectively.

Summary

SB00574 is an act aimed at regulating electric distribution company rates and charges within the state. The proposed legislation seeks to impose a cap on the distribution customer service charge for residential and commercial customers, limiting it to no more than nineteen dollars and twenty-five cents per billing cycle. This is intended to provide greater financial predictability and stability for consumers who often face fluctuating utility costs. By establishing a maximum charge, the bill aims to prevent excessive billing practices by utility companies.

Contention

While supporters of SB00574 argue that capping fixed charges is a necessary consumer protection measure, opponents may raise concerns regarding the potential effects on utility companies' revenue streams. Critics may argue that such limitations could hinder the ability of electric companies to maintain infrastructure or invest in improvements necessary to ensure reliable service. These discussions underscore the ongoing tension between consumer protection efforts and the financial viability of utility services.