Lawmakers Question Proposed Electricity Tax
HARTFORD, Conn. (AP) – A group of Connecticut lawmakers is opposing a proposed tax on electric generators.
Several of the legislators are from southeast Connecticut, home to the Millstone nuclear plants that would pay much of the new tax.
Sen. Andrea Stillman, a Democrat from Waterford, called the tax punitive and says it is anti-business.
The proposal would tax generators of electricity to provide relief for ratepayers, finance alternative energy and raise $340 million in revenue – including $332 million from Millstone nuclear plants.
Dominion Resources Inc., which owns Millstone, strongly opposes the tax, saying it will raise prices for consumers and that the tax is discriminatory because it is applied to only a few energy sources.
Supporters say it is structured in a way that it cannot be passed on to consumers.
(Copyright 2011 by The Associated Press. All Rights Reserved.)