OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
April 20, 2016
To Fiscal Note on
sHB-5427, File No. 463
AN ACT CONCERNING THE SHARED CLEAN ENERGY FACILITY PILOT PROGRAM.
The fiscal note on the bill indicated increased costs to the state and municipalities as ratepayers due to allowing the state's electric distribution companies to finance the shared clean energy pilot program with one or more tariff mechanisms.
The fiscal note should have also indicated that the state and municipalities may potentially realize a savings as ratepayers if they choose to participate in the shared clean energy pilot program which will allow them to offset their electric costs through billing credits.