OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
April 18, 2024
CORRECTION
To Fiscal Note on
sHB-5004, File No. 321
AN ACT CONCERNING THE IMPLEMENTATION OF CERTAIN
CLIMATE CHANGE MEASURES.
Primary Analyst: TM 4/18/24
Contributing Analyst(s):
The following Ratepayer Impact Statement replaces the existing
ratepayer impact on File No. 321
The bill creates and adopts additional Greenhouse Gas (GHG)
emissions reduction targets and results in a cost to ratepayers. The cost
is associated with the development and upgrade of the grid that will be
required by electric distribution companies to achieve the targets in the
bill
1
. The exact cost to ratepayers will depend on the pace of upgrades
completed.
1
Electric generation is one of several factors contributing to carbon emissions.