SB 4 is a comprehensive energy reform bill that delivers over $780 million in savings to Connecticut ratepayers by restructuring how key energy programs are funded, increasing transparency, and modernizing the electric grid. It shifts the cost of public benefit programs like EV charging, solar subsidies, and hardship protections away from electric bills and onto bonds, easing the burden on consumers. The bill strengthens oversight of public charges, reforms low-income assistance and shutoff protections, and mandates cost-saving practices in grid planning and procurement. At the same time, it invests in long-term clean energy solutions—like advanced nuclear, geothermal, and smart grid technologies—ensuring affordability, reliability and accountability.
💡 This bill curtails costs across the board:
🔹 Supply – Updates to energy procurement strategies ensure utilities buy smarter, locking in savings in a volatile energy market.
🔹 Delivery – Securitizing $1.2 billion in storm costs saves $75.5M/year by smoothing the cost over time instead of hitting ratepayers all at once.
🔹 Transmission – With transmission now 10–11% of your monthly bill, this bill demands better oversight and smarter planning— allowing for control of costs and including mandatory evaluation of GETs and advanced conductors.
🔹 Public Benefits – We're lowering the cost of programs like residential solar, EV charging, and fuel cell procurement through strategic bonding and caps, while still expanding clean energy access.
🏆 Key wins: Direct benefits to you!
🔌 Grid Enhancing Technologies – Utilities must evaluate cost-saving solutions like dynamic line ratings and advanced conductors before proposing expensive new buildouts.
📊 Transmission reform – Better planning and transparency to avoid unnecessary “gold-plated” projects that drive up bills.
💰 ISO-NE membership requirement – Ends the practice of charging ratepayers $7.5M/year to “incentivize” participation in our regional grid. Now, it’s mandatory.
🔋 EV program reform – Caps annual costs and targets incentives to lower-income households, saving up to $20M/year.
💸 Arrearage relief – Pays down hundreds of millions in COVID-era electric debt to immediately reduce monthly public benefits charges for struggling households.
Energy Procurement Reform- Authorizes dynamic market purchases and updated procurement planning to stabilize standard service energy prices. And allows use of nuclear and clean energy PPAs for standard service supply.
🧰 Emergency Planning & Utility Labor Protections- enhances emergency restoration planning with crew participation and safety requirements. And expands emergency categories to include wildfires.
Clean Energy Innovation: Supports advanced nuclear development, geothermal heating networks, and incentivizes higher grid efficiency while expanding DEEP’s authority for long-term planning and clean energy procurement.
Transparency and Oversight of Public Charges: Requires the Office of Consumer Counsel (OCC) to report on all public benefits line items — explaining costs benefit analysis, and who benefits — to ensure accountability.
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