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Meanwhile, State Comptroller Kevin Lembo is projecting the state’s General fund will close Fiscal Year 2020 – which ended on June 30 -- with an operating shortfall of $153.1 million.
Connecticut's share of the settlement will be deposited in the state's general fund.
A coalition of energy-efficiency contractors and advocacy groups have sue the State of Connecticut for diverting $155 million from the state’s energy efficiency programs into the General Fund. The lawsuit argues that funds designated for the Conservation & Load Management, Regional Greenhouse Gas Initiative, and Clean Energy Finance and Investment Authority were raised through an extra fee on electric bills.
It's the second consecutive year that the state posted a deficit.