Today, State Senator Norm Needleman (D-Essex), Senate Chair of the Energy and Technology Committee, released the following statement as the State Bond Commission is expected to approve the release of $155 million in state bond funding August 1 to reduce public benefits charges on consumer electric bills.
“After tireless work and negotiations in the Energy & Technology Committee over months and years, it’s meaningful to see real relief delivered to the people of Connecticut on their energy bills,” said Sen. Needleman. “This continues the momentum of consumer-first legislation the committee has emphasized for years and I’m hopeful we can continue to build on this progress and deliver further relief in years to come.”
Approved as part of Senate Bill 4, the legislature’s major energy legislation this year, these bonds will reduce the costs of hardship protection programs and electric vehicle charging programs on consumer electric bills. They’re expected to deliver an average of $10 monthly in consumer bill relief from September 2025 to spring 2026, with a second round of funding to deliver similar relief next summer.
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