OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
AN ACT CONCERNING THE CREATION AND EXPANSION OF MUNICIPAL ELECTRIC UTILITIES.
LCO No.: 5508
File Copy No.: 454
House Calendar No.: 351
Senate Calendar No.: 453
OFA Fiscal Note
The amendment also requires the Public Utilities Regulatory Authority (PURA) to include certain Class I generation projects in the Zero Emission Generation Program. PURA's administrative costs associated with reviewing the procurement plan for this program must be recovered through a reconciling component of electric rates as determined by PURA. This provision may result in increased rates to all rate payers, including the state and municipalities.
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.