OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

http: //www.cga.ct.gov/ofa

HB-6510

AN ACT ESTABLISHING A PUBLIC POWER AUTHORITY.

AMENDMENT

LCO No.: 7018

File Copy No.: 483

House Calendar No.: 334

OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 10 $

FY 11 $

Energy Conservation and Load Management Fund, Fuel Oil Conservation Fund, Clean Energy Fund

See Below

See Below

See Below

Policy & Mgmt., Off.

GF - Cost

37, 500

None

Various State Agencies

All Funds - Cost

Potential Significant

Potential Significant

Various State Agencies

All Funds - Savings

Potential Significant

Potential Significant

Note: GF=General Fund

Municipal Impact: None

Explanation

This amendment creates a gas and oil subaccount within the Energy Conservation Fund. The funding source for both subaccounts will remain the same as current law. The amendment eliminates the Fuel Oil Conservation Board and transfers the responsibilities to the Energy Conservation and Management Board (ECMB) . It also makes slight changes to the composition of the ECMB and the Renewable Energy Investments Board.

The amendment also allows the Energy Conservation Fund and the Clean Energy Fund to receive any federal or other funds available for conservation and load management. This may increase the amount of funding available to the programs within the fund.

The amendment requires the Office of Policy and Management (OPM) to establish a program to reduce energy consumption in state buildings by at least 10% by January 1, 2010. To the extent this is achieved significant savings may result. These savings may be offset by costs incurred by agencies in order to achieve such energy consumption measures. OPM may require one temporary analyst from passage of this bill until January 1, 2010 to coordinate such efforts, with FY 10 costs of $37, 500.

It is anticipated that OPM can submit a supporting schedule of state agency energy costs to the Energy and Technology Committee within the agency's normal budgetary resources.

Sections 509 and 512 create additional reporting and planning requirements for the Department of Social Services (DSS) . DSS will incur a minimal administrative cost to meet these requirements.

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 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.