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Connecticut can use efficiency funds to cover budget shortfall, court rules
By
District Energy
posted
10-30-2018 00:00
Recommend
Robert Walton, Utility Dive
Summary
A U.S. district judge
ruled on Thursday that
Connecticut could transfer $145 million in ratepayer funds — initially collected for energy efficiency programs — into the general fund
to cover a 2017 budget shortfall.
Several groups, including the Connecticut Fund for the Environment, sued the state in May, arguing that using ratepayer funding for something other than its intended purpose violated clauses of the U.S. Constitution and amounted to an illegal tax.
The court concluded that customers were never promised the funds would not be transferred to the general fund; customer advocates say they are considering whether to appeal to the Second Circuit Court of Appeals in New York.
Full Article
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#News
#EnergyEfficiency
#Policy
#PolicyandRegulation
#GovernanceModels
#Connecticut
#UnitedStates
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https://www.districtenergy.org/blogs/district-energy/2018/10/30/connecticut-can-use-efficiency-funds-to-cover-budg
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