More Affordable Energy Policy
This article was archived from the previous WordPress site. Formatting and media should be close, but may not match the original post perfectly.
I’m writing to let you know that I joined my House and Senate Republican colleagues to offer a comprehensive package of policy proposals to reduce the cost of electric bills and make energy more affordable over the long term.
These policies will immediately reduce energy costs for families by over $362 million per year, saving the average household $210 next year. In the long run, our plan will drive down costs by even more while implementing important ratepayer protections.
Action on this issue is imperative. Connecticut electric rates are among the nation’s most expensive, squeezing household and business budgets.
Our path to energy affordability:
- Moving charges resulting from public policy decisions from ratepayer bills to the state budget. (Estimated savings: $362 million annually.)
- Bringing all clean energy sources into the state’s green energy strategy by adding nuclear power and all sources of hydro power to the state’s Renewable Portfolio Standard program.
- Improving the Standard Service Procurement process by examining the differing ways CT’s large utilities, small municipal owned utilities, and other states all procure power.
- Restoring independence to utility rate regulators by separating the Public Utilities Regulatory Authority (PURA) from the Department of Energy and Environmental Protection.
- Giving PURA more discretion and flexibility in decoupling to protect ratepayers.
- Establishing utility rate case oversight to ensure that resolutions of rate cases and settlements are made in the best interest of ratepayers and not for other political considerations.
Click HERE for greater detail.