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Senate leaders framed their bill as a hunt for "pockets of overspending and overcharging that in some cases are legacies of past policies that have exhausted their usefulness" within the utilities in what they said is a sharper turn against the companies than the House took.
Sen. Michael Barrett, the primary architect of the bill but not a member of Ways and Means, told reporters the legislation tackles "a number of issues involving the gas and electric utilities" because "that is where the money is." He also made clear that he sees value in investing, particularly in energy efficiency programs.
"We represent constituents who want manageable bills and affordable bills today, but they also want manageable and affordable bills tomorrow. They're not dumb, they know that investing $1 today is worthwhile if it'll yield sufficient savings two weeks from now, two years from now, down the road. They're interested in saving money today, but saving money next year too," the Lexington Democrat said. "They're interested in their family's futures, and not just their family's present. So we don't assume for a moment that constituents are only interested in immediate relief. They're interested in total relief and in total savings."
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