Connecticut Senate Bill SB00683

Connecticut 2023 Regular Session

• Introduced: 1/18/23
• Refer: 1/18/23

Caption

An Act Eliminating A Charge Assessed To End Use Customers Of Electric Services.

Impact

If enacted, SB00683 will directly impact the financial structure of the state’s electricity pricing system and the funding currently allocated to the Clean Energy Fund. This change could lead to reduced financial support for clean energy initiatives and renewable energy projects within the state, raising concerns about long-term impacts on sustainability and energy innovation. The elimination of the surcharge could also serve as a precedent for further changes in utility regulations affecting consumer charges and environmental funding.

Summary

SB00683 aims to eliminate the surcharge that is currently assessed on end-use customers of electric services, a fee which is deposited into the Clean Energy Fund. The intent of this bill is to reduce costs for consumers by removing an additional charge from their electric bills. Supporters argue that this will alleviate financial burdens on households, especially as energy prices fluctuate due to various market factors. By removing this surcharge, the bill seeks to promote a more consumer-friendly approach to energy pricing and affordability.

Contention

The primary contention surrounding SB00683 revolves around the balance between consumer relief and funding for clean energy initiatives. While proponents laud the bill for helping consumers save on their electric bills, opponents express apprehension about the implications for the Clean Energy Fund, which finances important sustainability projects. Critics argue that removing the surcharge could weaken the state's commitment to transitioning to renewable energy sources, potentially jeopardizing future environmental goals and investments in clean technology.