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.

AMENDMENT

LCO No.: 4655

File Copy No.: 463

House Calendar No.: 300

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 amendment 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 to recover costs of the program. The state and municipalities, as ratepayers, would incur increased costs dependent on the tariff mechanisms approved by PURA.

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.