March 24, 2015

CT to decide $224M energy efficiency spending plan

HBJ File Photo
HBJ File Photo
The Connecticut Energy Efficiency Fund includes programs like Home Energy Solutions, which assesses residents' energy use and how it can be more efficient.

The Connecticut Energy Efficiency Board will hold a public hearing in April to discuss how to spend $224 million collected for business and residential improvements.

The bulk of the money for the Connecticut Energy Efficiency Fund comes from a fee charged to electric and natural gas ratepayers on their utility bills. The fund also receives money from places like the Regional Greenhouse Gas Initiative auctions, which charge power plants for their pollution.

The board will host its public hearing from 9 a.m. to noon April 8 at the Department of Energy & Environmental Protection on 79 Elm St. in Hartford.

The discussions with the public and other stakeholders such as the quasi-public Connecticut Green Bank, DEEP, and the utilities companies will lead to the formations to the 2016-2018 Conservation & Load Management Plan, which recommends to DEEP how to spend the energy efficiency money.

In 2014, the Connecticut Energy Efficiency Fund spent $180.1 million on programs for electrical efficiency programs and $43.4 million on natural gas efficiency programs.

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