Colorado and Connecticut saved residents hundreds of thousands of dollars on their utility bills
Colorado and Connecticut saved residents hundreds of thousands of dollars on their utility bills
grist.org
Colorado and Connecticut saved residents hundreds of thousands of dollars on their utility bills
My AI says money was saved by...
New legislation: In 2023, Colorado and Connecticut passed laws to prevent utilities from charging customers for lobbying, advertising, and other political influence activities.
Broader restrictions: These laws clarified and expanded the range of political activities that utilities are banned from charging to ratepayers compared to existing federal and state rules.
Specific savings examples:
In Colorado: State regulators rejected over $775,000 in lobbying fees, trade association dues, and investor relations costs sought by Xcel Energy in a gas rate case.
In Connecticut: State officials disallowed $555,000 in industry dues, travel and meal expenses, and investor relations costs that Avangrid attempted to charge customers during a gas rate case.
/// I imagine Trump will come in and "investigate" the legislation to undo the good