Connecticut 2022 2022 Regular Session

Connecticut Senate Bill SB00176 Introduced / Fiscal Note

Filed 05/13/2022

                    OFFICE OF FISCAL ANALYSIS 
Legislative Office Building, Room 5200 
Hartford, CT 06106  (860) 240-0200 
http://www.cga.ct.gov/ofa 
sSB-176 
AN ACT CONCERNING CLEAN ENERGY TARIFF PROGRAMS. 
As Amended by Senate "A" (LCO 5481), Senate "B" (LCO 5483) 
House Calendar No.: 488 
Senate Calendar No.: 246  
 
Primary Analyst: MM 	5/13/22 
Contributing Analyst(s):    
 
 
 
 
OFA Fiscal Note 
 
State Impact: See Below  
Municipal Impact: See Below  
Explanation 
The scope of electricity supplies impacted by the bill would be 
encompassed by two state programs that subsidize certain ratepayers* 
at a cost to other (non-participating) ratepayers. Thus, any residential 
ratepayers (for example) who do not participate in either program 
would see their electricity rates increase by an estimated $6.00 in total 
each year** once the programs have expanded fully (over the span of a 
few years) in accordance with the bill. *Low-income ratepayers under 
the Shared Cleaner Energy Facilities (SCEF) program; Commercial or 
industrial ratepayers with renewable energy projects under the Non-
Residential Energy Solutions (NRES) program  
**According to calculations by the Department of Energy and 
Environmental Protection  
Senate amendments "A" and "B" made minor changes. 
The Out Years 
Any fiscal impact would continue into the future, subject to inflation. 
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely 
for the purposes of information, summarization and explanation and does not represent the intent of the General  2022SB-00176-R01-FN.DOCX 	Page 2 of 2 
 
 
Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of 
informational sources, including the analyst’s professional knowledge. Whenever applicable, agency data is 
consulted as part of the analysis, however final products do not necessarily reflect an assessment from any 
specific department.