For Immediate Release: October 31, 2017
STATEMENT ON MILLSTONE BILL: "WE APPLAUD GOVERNOR MALLOY AND THE GENERAL ASSEMBLY FOR GIVING THE MILLSTONE ISSUE CAREFUL THOUGHT"
Hartford, CT -- Matt Fossen, spokesman for the Stop the Millstone Payout coalition, released the following statement today after Governor Malloy signed S.B. 1501:
“We applaud Governor Malloy and the General Assembly for giving the Millstone issue careful thought. The interim findings by DEEP and PURA only affirm what we have been saying all along: Millstone is highly profitable and has no good rationale to seek special treatment. The regional electric markets are working as they should, by encouraging competition and capital investments, while providing options for plants that are truly struggling. Millstone’s robust profitability – which is expected to continue even longer than previously thought – is proof positive that it is not struggling and that there is no need for Connecticut to intervene in the electric market.”