09/08/2026
Last year, Connecticut lawmakers passed Senate Bill 4, an energy bill authorizing up to $250 million in state borrowing to temporarily reduce hardship-related costs appearing on electric bills.
Today the Bond Commission approved the second $125 million installment.
Instead of deciding whether these costs belong in the General Fund, and paying for them within the state budget, lawmakers borrowed the money for up to 20 years. That temporarily lowers one part of electric bills but leaves taxpayers to repay the debt with interest.
What do you think: Should these costs be paid through the state budget — or financed with long-term debt?