OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sHB-5427

AN ACT CONCERNING THE SHARED CLEAN ENERGY FACILITY PILOT PROGRAM.

OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 17 $

FY 18 $

Various State Agencies

All Funds - Cost

See Below

See Below

Note: All Funds=All Funds

Municipal Impact:

Municipalities

Effect

FY 17 $

FY 18 $

Various Municipalities

Cost

See Below

See Below

Explanation

The bill requires the shared clean energy pilot program to be financed with one or more tariff mechanisms approved by the Public Utilities Regulatory Authority (PURA) for the state's electric distribution companies. The state and municipalities, as ratepayers, would incur increased costs dependent on the tariff mechanisms approved by PURA.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to the tariff mechanisms approved by PURA.