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September 6, 2024

Waterbury officials have launched a search for a developer to transform the former St. Mary’s Grammar School into affordable housing for medical workers. The city is holding out the possibility of a state grant of up to $20 million as an incentive. 

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Should the legislature hold a special session to address electric rates?
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Poll Description

State policymakers are considering a special session to address the spike in electric rates in Connecticut.

The “public benefits charge” on customers’ bills ballooned in July, causing large commercial-industrial customers to see an increase of about 57% to the delivery portion of their bill.

For residential customers, the average increase was 30% to 35%.

The sharp increases have prompted Republicans in the state legislature to push for a special session to address the issue. They say the state should tap into its budget surplus funds to reduce electric rates this fall.

Democratic leaders say the cost-cutting plan doesn’t make sense and is a political maneuver by Republicans that would provide little relief to customers.

Gov. Ned Lamont has indicated he would reach out to legislative leaders about the issue and acknowledged that more needs to be done to lower electricity costs, but he stopped short of endorsing a special session.

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40 Under Forty Awards 2024

The 40 Under 40 Awards recognize outstanding young professionals in the Greater Hartford Region that are excelling in their industries. These awards recognize Leadership, Entrepreneur-ism, and Community in their recipients.
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