OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sSB-1138

AN ACT CONCERNING CONNECTICUT'S CLEAN ENERGY GOALS.

AMENDMENT

LCO No.: 6337

File Copy No.: 120

Senate Calendar No.: 141


OFA Fiscal Note

MINIMAL COST

The amendment requires that any long-term agreements with certain renewable energy source providers for energy, capacity, and environmental attributes subject to the Public Utility Review Authority (PURA) review and approval include a public hearing and be completed within 60 days after the agreement is filed with PURA. The costs associated with a public hearing are anticipated to be minimal. These costs are required to be recovered through a reconciling component on electric rates, 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.