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.
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