{"id":377121,"date":"2025-05-05T14:51:13","date_gmt":"2025-05-05T12:51:13","guid":{"rendered":"https:\/\/climatescience.press\/?p=377121"},"modified":"2025-05-05T14:51:15","modified_gmt":"2025-05-05T12:51:15","slug":"connecticut-lawmakers-devise-plan-to-saddle-taxpayers-with-soaring-energy-prices","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=377121","title":{"rendered":"Connecticut Lawmakers Devise Plan To Saddle Taxpayers With Soaring Energy Prices"},"content":{"rendered":"\n
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ChatGPT<\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

From Watts Up With That?<\/a><\/p>\n\n\n\n

THE DAILY CALLER<\/a><\/p>\n\n\n

\n
\"Daily<\/figure>\n<\/div>\n\n\n

Audrey Streb<\/a>
<\/strong>Contributor<\/p>\n\n\n\n

Connecticut Democratic lawmakers are proposing that taxpayers foot the bill for high utility costs in the state, which policy experts who spoke with the Daily Caller News Foundation largely attributed to state-funded renewable energy projects.<\/p>\n\n\n\n

Senate Bill 1560<\/a> proposes removing the public benefits charge<\/a> \u2014 a required surcharge on utility customers\u2019 bills that funds state-mandated programs, including renewable energy investment \u2014 from electricity bills. Instead, the state would borrow up to $2.4 billion by selling bonds, thus transferring the financial burden from utility customers to taxpayers.<\/p>\n\n\n\n

\u201cThey\u2019re looking at creating this Electric Rate Stabilization Fund \u2014 taking taxpayer dollars and redistributing that to people to help them pay for their exorbitant electric bills that they\u2019ve created,\u201d CEO and founder of American Energy Institute Jason Isaac said. \u201cThey\u2019re trying to virtue signal and appease a leftist base of their voters.\u201d<\/p>\n\n\n\n

The bill proposes significant changes to the state\u2019s energy rate structures and would create the Connecticut Energy Procurement Authority to oversee both the Electric Rate Stabilization Fund (ERSF) and the Green Bond Fund (GBF). While the ERSF and GBF would both be funded by up to $2.4 billion in state-issued bonds over three years, the ERSF would focus on stabilizing electricity rates for consumers, while the GBF would support green energy and infrastructure projects. The bill additionally outlines that nuclear power generators in the state should be classified as renewable energy sources. (RELATED: \u2018Just Getting Started\u2019: Energy Experts Say Trump Admin Could Fuel \u2018Nuclear Renaissance\u2019)<\/a><\/strong><\/p>\n\n\n\n

\u201cIt\u2019s an ingenious way to hide the fact that renewable energy and climate related programs are nothing but an unnecessary expense that do absolutely nothing for the climate,\u201d author and Climate Depot<\/a> executive editor Marc Morano told the DCNF, calling so-called green energy policies an \u201cunbelievable grift\u201d pushed on taxpayers.<\/p>\n\n\n\n

Connecticut has supported several expensive renewable energy projects in the past, including for solar<\/a> power development, zero-emission dock equipment<\/a> and electric vehicle (EV) incentives<\/a>. All the while, utility costs in New England<\/a> and Connecticut have risen to be among the highest in the country, which one report<\/a> by a coalition of six think tanks linked to the area\u2019s several renewable energy projects. (RELATED: Consumers Set To Get Crushed As Energy Utilities Switch To Solar, Wind)<\/a><\/strong><\/p>\n\n\n\n

While the state eventually backed out<\/a> of its proposed offshore wind projects, Connecticut sunk $311 million<\/a> into refurbishing a pier with the purpose of launching offshore wind turbines that never made it out to sea, according to the CT Mirror. The fate of the project is still being discussed, though it is over $200 million over budget, WSHU Public Radio reports<\/a>.<\/p>\n\n\n\n

In May 2022, Democratic Connecticut Gov. Ned Lamont signed<\/a> a law requiring the state\u2019s electricity to be entirely carbon-free by 2040, officially codifying the standard he had first set by executive order in 2019. The legislation set several targets, including a reduction in emissions by 45% from 2001 levels by 2030.<\/p>\n\n\n\n

Government-mandated energy projects in the state have received just over $1 billion annually from the public benefits charge, two electric distribution companies said<\/a> in a testimony on April 16, according to Connecticut Inside Investigator.<\/p>\n\n\n\n

Customers of Eversource, one of the energy distributors, are currently paying about $800 million annually in public benefits charges, which include $380 million for state-mandated solar energy procurement requirements, according to the testimony.<\/p>\n\n\n\n

Connecticut has the third-highest electricity costs, behind Hawaii and California, according to February data<\/a> from the U.S. Energy Information Administration. On average, Connecticut residents\u2019 energy bills are 30% higher than the national average, according to an analysis<\/a> from Home Energy Club. Moreover, states with renewable energy requirements see a roughly 4% increase the average electric bill, while in Connecticut the added cost is just over 5%, according to a 2024 report<\/a> from Lawrence Berkeley National Laboratory.<\/p>\n\n\n\n

As American energy demand continues to climb, the odds of impending blackouts would increase<\/a> if the supply fails to grow at the same rate. The push toward renewable energy sources, in addition to stringent environmental regulations approved<\/a> under former President Joe Biden, may have contributed to the slower growth of energy supply currently being experienced in the U.S.<\/p>\n\n\n\n

Renewables are generally less reliable<\/a> than other sources of power and need to work in tandem with \u201cbase load\u201d power sources such as coal, energy experts previously told<\/a> the DCNF. As several states around the U.S. ramp up climate initiatives and the demand for electricity continues to grow, many experts have warned that the risk of grid blackouts increases, with rolling blackouts predicted to begin by 2028, according to the North American Electric Reliability Corporation\u2019s 2024 report<\/a>.<\/p>\n\n\n\n

President Donald Trump signed an executive order<\/a> on April 8 directing his administration to examine state efforts to sue or impose large financial penalties on energy companies over climate change. The order is expected to focus on Democrat-led states such as New York and California, which have pursued legal actions seeking billions of dollars from the energy industry.<\/p>\n\n\n\n

\u201cAmerican energy dominance is threatened when State and local governments seek to regulate energy beyond their constitutional or statutory authorities,\u201d Trump\u2019s order<\/a> reads. \u201cMany States have enacted, or are in the process of enacting, burdensome and ideologically motivated \u2018climate change\u2019 or energy policies that threaten American energy dominance and our economic and national security.\u201d<\/p>\n\n\n\n

While Biden encouraged the further development of renewables through billions of tax credits and subsidies under the Inflation Reduction Act, Trump declared<\/a> a national energy emergency immediately upon his return to the White House, stating that \u201cthe integrity and expansion of our Nation\u2019s energy infrastructure\u201d is \u201can immediate and pressing priority for the protection of the United States\u2019 national and economic security.\u201d (RELATED: The Good, The Bad, And The Ugly: Biden\u2019s Climate Bill Turns Two Years Old)<\/a><\/strong><\/p>\n\n\n\n

Connecticut\u2019s Senate Bill 1560 progressed<\/a> through the legislature\u2019s Finance, Revenue and Bonding Committee Wednesday on a bipartisan vote, according to the CT Mirror. Democratic Connecticut Sen. John Fonfara, the bill\u2019s sponsor, said that dropping the public benefits charge would cut electricity bills by 20% during a press conference<\/a> on April 16, according to CT Insider.<\/p>\n\n\n\n

\u201cThere are certain fundamental truths that we must acknowledge and act on if we want to reverse the path we are on,\u201d Fonfara said at the conference. \u201cIf we choose to do nothing, electricity costs will continue to increase.\u201d<\/p>\n\n\n\n

Fonfara\u2019s office did not respond to the DCNF\u2019s request for comment.<\/p>\n\n\n\n

\u201cWithin this legislative proposal are ideas that the governor looks forward to discussing further, such as ways to continue improving our standard service procurement process and smoothing out distribution use over the course of the day,\u201d Rob Blanchard, the director of communications for Lamont, wrote to the DCNF. \u201cHowever, there are concerns and significant questions as well.\u201d (RELATED: Climate Activists Want To Blame Americans\u2019 Soaring Utility Bills On Anything But Green Energy)<\/a><\/strong><\/p>\n\n\n\n

\u201cFew examples exist, if at all, of states that have successfully introduced separate procurement authorities, let alone ones that operate outside of mechanisms designed to protect ratepayers and that can be done without saddling ratepayers with hundreds of millions of dollars more in expenses,\u201d Blanchard continued. He said the governor \u201cwould prefer\u201d the state cut \u201coutdated or unnecessary\u201d public charges, \u201crather than putting annual expenses on our \u2018credit card\u2019 or crowding out bonding for municipal parks, roads, and school construction.\u201d<\/p>\n\n\n\n

\u201cConnecticut\u2019s solution is to make taxpayers pay for electricity versus ratepayers and just shows the bankruptcy of the whole renewable energy movement,\u201d Steve Milloy, a senior legal fellow at the Energy & Environment Legal Institute and creator of JunkScience<\/a> told the DCNF. \u201cCosts are higher and they\u2019re always going to be higher,\u201d Milloy added regarding renewable energy projects. \u201cIt\u2019s never going to be cheaper.\u201d<\/p>\n\n\n\n

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter\u2019s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org<\/a>.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Connecticut Democratic lawmakers are proposing that taxpayers foot the bill for high utility costs in the state, which policy experts who spoke with the Daily Caller News Foundation largely attributed to state-funded renewable energy projects.<\/p>\n","protected":false},"author":121246920,"featured_media":377124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691823884,691834866,691822352,691828341,691818728],"class_list":{"0":"post-377121","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-connecticut","9":"tag-electric-rate-stabilization-fund-ersf","10":"tag-electric-vehicle-ev","11":"tag-renewable-energy-projects","12":"tag-wind-and-solar","14":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/05\/00f5479ca1-e3da-46bc-9981-2d2d49ade62e.png?fit=1024%2C1024&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1A6B","jetpack-related-posts":[{"id":407319,"url":"https:\/\/climatescience.press\/?p=407319","url_meta":{"origin":377121,"position":0},"title":"Biden Admin Streamlined Path For Offshore Wind Boondoggles Despite Internal Red Flags","author":"uwe.roland.gross","date":"09\/10\/2025","format":false,"excerpt":"The Biden administration granted major offshore wind projects financial breaks despite internal warnings of increased risks to taxpayers, according to documents obtained by the watchdog group Functional Government Initiative (FGI).","rel":"","context":"In \"Biden Administration\"","block_context":{"text":"Biden Administration","link":"https:\/\/climatescience.press\/?tag=biden-administration"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/10\/AQMOwAK-ZyBxmofc0i-gmdXPiD43qTjtP8EvlJ2dQ1PWGRn-C-1X91qDo8ZZpXIoqduP-u57ZSIjkJFYhjnCUONmqQFBpgtLhPEUDXtRLqxY8pkmVISrwASAZ6iPysuCFg86vDNuQsWD-vTcmLBez6uQtHet.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/10\/AQMOwAK-ZyBxmofc0i-gmdXPiD43qTjtP8EvlJ2dQ1PWGRn-C-1X91qDo8ZZpXIoqduP-u57ZSIjkJFYhjnCUONmqQFBpgtLhPEUDXtRLqxY8pkmVISrwASAZ6iPysuCFg86vDNuQsWD-vTcmLBez6uQtHet.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/10\/AQMOwAK-ZyBxmofc0i-gmdXPiD43qTjtP8EvlJ2dQ1PWGRn-C-1X91qDo8ZZpXIoqduP-u57ZSIjkJFYhjnCUONmqQFBpgtLhPEUDXtRLqxY8pkmVISrwASAZ6iPysuCFg86vDNuQsWD-vTcmLBez6uQtHet.jpeg?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/10\/AQMOwAK-ZyBxmofc0i-gmdXPiD43qTjtP8EvlJ2dQ1PWGRn-C-1X91qDo8ZZpXIoqduP-u57ZSIjkJFYhjnCUONmqQFBpgtLhPEUDXtRLqxY8pkmVISrwASAZ6iPysuCFg86vDNuQsWD-vTcmLBez6uQtHet.jpeg?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/10\/AQMOwAK-ZyBxmofc0i-gmdXPiD43qTjtP8EvlJ2dQ1PWGRn-C-1X91qDo8ZZpXIoqduP-u57ZSIjkJFYhjnCUONmqQFBpgtLhPEUDXtRLqxY8pkmVISrwASAZ6iPysuCFg86vDNuQsWD-vTcmLBez6uQtHet.jpeg?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":288833,"url":"https:\/\/climatescience.press\/?p=288833","url_meta":{"origin":377121,"position":1},"title":"Blue State Residents Are Paying Way More For Energy Than Red States, New Report Shows","author":"uwe.roland.gross","date":"27\/11\/2023","format":false,"excerpt":"From The Daily Caller NICK POPE CONTRIBUTOR Residents of blue states with aggressive climate policies are paying significantly more for electricity and fuel than red states, according to a new report by the American Legislative Exchange Council (ALEC). 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