Trying to Save the Power Bill

SUSAN HAIGH     Associated Press

HARTFORD, Conn. (AP) _ Democratic legislative leaders are trying to revise a contentious proposal that would change how 800,000 electricity customers in Connecticut purchase power, knowing the program’s failure could create an $80 million revenue hole in the state budget.

According to a letter obtained Thursday by The Associated Press, the leaders added a number of consumer protections to the proposal, which involves auctioning off the right to provide electricity to customers who currently buy power under a so-called “standard offer” instead of choosing a supplier.

Connecticut AARP says it still opposes the auction.

The possibility of losing the $80 million in revenue has led to discussions of raising the cigarette tax, allowing keno gaming and other revenue-generating proposals.
A final budget deal has not yet been reached between the governor and Democratic lawmakers.

(© Copyright 2013 The Associated Press. All Rights Reserved.)

  • http://greentress orangeamber

    Reblogged this on pinkpig7 and commented:

blog comments powered by Disqus
The Latest UConn News
Set Your Picks For Pro Football Challenge

Listen Live