Energy Fund Raids Have Stopped, But Industry Says The Damage Has Been Done

Energy fund sweeps in Connecticut totaled $145 million under former Governor Dannel P. Malloy. Environmentalists and energy-efficiency businesses believed these funds could have been restored by current Governor Ned Lamont and the legislature with budget surplus, but the General Assembly session adjourned on June 5 with failure to restore any funds.

Energy Attorney Stephen Humes, who is co-counsel in the federal lawsuit filed against the state of Connecticut, commented, "The shameful reality is that the State is defending conduct that — if anyone else in Connecticut tried to do it — would face serious criminal and civil punishment."

Mr. Humes further noted, "If it's illegal for anyone else to seize millions dedicated for specific purposes, how can the State get away with this deceptive conduct? We look forward to making these arguments at the Second Circuit and await the day when the Court holds the State accountable. It will be an expensive day of reckoning."

READ: Energy Fund Raids Have Stopped, But Industry Says The Damage Has Been Done