Connecticut lawmakers should SAY NO to the Millstone nuclear bill

HARTFORD, Conn., October 25, 2017 – The Connecticut Petroleum Council today called on members of the Connecticut State legislature to reject misguided legislation that would give special treatment to the Millstone nuclear plant by forcing consumers in the state to pay more for electricity.

“Legislators in Hartford have a choice to protect consumers from higher electricity prices or force Connecticut consumers to pay more for electricity by providing special treatment to the Millstone nuclear plant,” said Connecticut Petroleum Council Executive Director Steve Guveyan. “It’s not surprising that 78 percent of voters across Connecticut oppose this legislation which is why it makes little sense for any legislator to support it. The energy markets have long protected consumers across the state by providing affordable electricity. This bill would only hurt Connecticut consumers, cost jobs and damage our state’s economy, and raise electricity costs.”

According to a recent poll commissioned by the Connecticut Petroleum Council:

• 78 percent of voters oppose legislation that would give the Millstone nuclear power plant special treatment.
• 76 percent of voters agree that consumers should not be required to pay more for electricity to help Millstone be more profitable.
• 76 percent of voters agree that sources of electricity should be based on the marketplace, not special treatment for one company.
• 66 percent of voters think electricity prices in Connecticut are too high.
• 59 percent of voters believe that electricity prices will be lower with competition not government intervention.

The Connecticut Petroleum Council is a division of API, which represents all segments of America’s oil and natural gas industry. Its more than 625 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 40 million Americans.

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