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Pre-pay contract moratorium law effective July 1
CEMA
On July 1st a new law concerning pre-pay contracts went into effect. The passage of this law was in response to the Ace Oil closure last fall that resulted in hundreds of customers losing a total of $1.5 million in prepay contract money.
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CEMA NEWS


Connecticut lowers heating oil sulfur standard to 500ppm
CEMA
On July 1, the state of Connecticut lowered the sulfur content of home heating oil from a maximum of 3,000ppm to 500ppm - an 84 percent reduction! By July 1, 2018, the sulfur content of home heating oil/Bioheat® fuel will fall to 15ppm - a 99.5 percent reduction in sulfur from today's standard.
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Seminar on the new 500 PPM low sulfur heating fuel standard: Rescheduled — July 22
CEMA
10 a.m. – 12 p.m., CEMA Offices, 10 Alcap Ridge, Cromwell, Connecticut

Last year’s energy bill included a change in the heating fuel sulfur standard from high sulfur to low sulfur (500 PPM) effective this July 1. This important seminar will first present the statutory changes by officials from the CT Dept. of Energy and Environmental Protection, how they intend to enforce it, and how a transition period will work, as it affect wholesalers, retailers and end-users.

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CEMA annual meeting — Southern New England Energy Conference — room block open
CEMA
As reported previously in CEMA Pipeline, our annual meeting will be held at the Hyatt Regency in Newport, Rhode Island, on Sept. 22-23, in conjunction with the Massachusetts and Rhode Island associations. We are in the process of finalizing our education program for the conference – if there is a topic you would like to see or would like to present yourself, please let David Chu know, chu@ctema.com.
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New laws effective July 1
CEMA
The Connecticut legislature passed a host of new laws effective on July 1. They can be viewed here, and include laws affecting education, banking, municipalities, nursing homes and other areas unrelated to our industry.
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Fight natural gas expansion — propose paving ordinance in your town
CEMA
The time to act is now! CEMA is asking members to reach out to your local mayor, first selectman, town council members, public works director or anyone who may have an interest in saving taxpayers money and maintaining local roads from the damage that the utilities are doing, as they tear up pavement and leave behind shoddy patch jobs.
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From PMAA — IRS issues standard business mileage deduction rate for 2014
CEMA
The Internal Revenue Service recently issued the 2014 optional standard mileage rates used to calculate the deductible costs of operating a vehicle for business, charitable, medical or moving purposes. Retroactive to Jan. 1, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
  • 56 cents per mile for business miles driven
  • 23.5 cents per mile driven for medical or moving purposes
  • 14 cents per mile driven in service of charitable organizations

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INDUSTRY NEWS


Connecticut's cleaner heating oil standards take effect
New Haven Register
New standards for the level of sulfur found in home heating oil that can be sold in Connecticut are now in effect, a move designed to promote cleaner air and burn more efficiently in furnaces. Thanks to a new law enacted by lawmakers during this year’s legislative session, the sulfur content of home heating oil went from 3,000 parts per million to 500.
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Transmission ruling to cost power companies
Hartford Business Journal
The parent companies of Connecticut's two main electric utilities expect to record extra charges in the second quarter and into the future as a federal ruling over transmission charges appears to be coming down unfavorably to them. The transmission return on equity is one of the principal sources of revenue for power companies, as they earn a percentage of profit based on the value of their transmission infrastructure.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Nat gas expansion in Connecticut faltering (CEMA)
CEMA Annual Meeting — featured presentation preview (CEMA)
New diesel excise tax rate — July 1 (CEMA)
Fight natural gas expansion — propose paving ordinance in your town (CEMA)
PMAA urges Senate to reject proposed raid of LUST Fund (CEMA)

Don't be left behind. Click here to see what else you missed.


Could news from Iraq drive oil prices down?
Forbes
Obviously, military conflict in a major oil producing country gives oil traders a tingle in their private holdings. An attack shutting down the northern pipeline, or a strike south of Baghdad at oil fields or sabotage against the export terminal would boost prices quickly. But is it possible that some developments could make prices drop? One lesson of oil markets is “never say never."
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Governors' natural gas proposal too expensive and rushed, CLF says
American Energy Coalition
New England’s governors say they are proposing new natural gas pipelines to better serve the region’s consumers and businesses, but the Conservation Law Foundation (CLF) says the initiative came from the gas industry itself, which stands to make billions of guaranteed dollars, according to a recent report by New Hampshire Public Radio. “There’s a general hostility to really any public involvement in the process, it’s a very insider process,” Christophe Courchesne, staff attorney with the environmental advocacy group, told NHPR.
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Malloy hedges on expansion of paid sick days
The Connecticut Mirror
Gov. Dannel P. Malloy says fears over a ground-breaking state law mandating paid sick days were unrealized, but he demurred when asked recently if he is ready to seek an expansion of a law that now has a limited reach. Three years after the law’s passage, Connecticut remains the only state mandating that some private employers offer paid sick days. Manufacturers, some non-profits and employers with fewer than 50 employees are exempt.
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Connecticut law cuts sulfur content in home heating oil
The Associated Press via Boston.com
Oil heat businesses say a new Connecticut law that sharply cuts sulfur content in home heating oil will reduce costs for consumers. Beginning July 1, the sulfur content of home heating oil in Connecticut dropped to 500 parts per million from 3,000, an 84 percent reduction. By July 1, 2018, the sulfur content of home heating oil will fall to 15 parts per million.
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CEMA Pipeline
Colby Horton, Vice President of Publishing, 469.420.2601
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Brie Ragland, Senior Content Editor, 469.420.2639  
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