Monday, June 4, 2007

The Connecticut Post Online - Legislature OKs energy reform bill

The Connecticut Post Online - Legislature OKs energy reform bill: "
HARTFORD — Despite opposition from two Democratic leaders on a key legislative committee, the General Assembly on Saturday approved a bill aimed at repairing the damage of a 1998 law that led to sky-high energy costs.

Gov. M. Jodi Rell indicated that she will sign the legislation, which would allow the state's two major electricity providers back into the power-generation business under limited conditions.

While consumers are offered incentives and rebates for buying more-efficient appliances, it would also reward generators with additional payments if ratepayers are successful in conservation efforts.

Environmental activists said that parts of the bill would cut pollution linked to global warming and promote clean energy to try to obtain 20 percent of the state's energy from renewable sources, including wind and solar power, by the year 2020."