Connecticut Governor Ned Lamont and lawmakers consider using leftover federal pandemic relief funds to reduce rising electric rates.

Connecticut Governor Ned Lamont and lawmakers are exploring options to reduce rising electric rates, including using leftover federal pandemic relief funds. Short-term solutions may involve buydowns from the American Rescue Plan Act (ARPA) to alleviate costs. Long-term strategies focus on renewable energy sources and improving efficiency. While a special session for immediate changes is unlikely, a decision on ARPA fund allocation is expected soon.

September 04, 2024
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