Cornerstone Medical

Senator Tony Hwang today applauded the Senate’s passage of S.B. 7, An Act Strengthening Protections for Connecticut’s Consumers of Energy: bipartisan legislation which aims to strengthen oversight of the state’s utilities on behalf of consumers

“This is a first step to improving reliability and reducing the costs of electricity in our state,” said Sen. Hwang, who is the former Ranking Senator on the Energy and Technology Committee.

Many of the concepts in the legislation originated from S.B. 123, which was co-sponsored by Sen. Hwang in January.

They include reforms that will lower energy costs and improve reliability by incorporating more zero-carbon nuclear energy into our Renewable Energy Portfolio; improving cost transparency on consumers energy bill to include costs of supply, transmission, distribution, and state policies; strengthening the ability to protect ratepayers by putting guardrails around the settlement process for rate making; reducing the ability of utilities to recover the costs of travel and leisure for their directors and executives; and paying utilities more for positive performance rather than simply more sales.

“Electric rates in Connecticut are too high,” Sen. Hwang said. “We need to do all we can to drive down these unacceptably high costs. We need to put consumers first, and this bill moves us in the right direction.”

The legislation awaits a vote in the House of Representatives.

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Stephen Krauchick

By Stephen Krauchick

DoingItLocal is run by Steve Krauchick. Steve has always had interest with breaking news even as an early teen, opting to listen to the Watergate hearings instead of top 40 on the radio. His interest in news spread to become the communities breaking news leader in Connecticut’s Fairfield County. He strongly believes that the public has right to know what is happening in their backyard and that government needs to be transparent. Steve also likes promoting local businesses.

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