August 27, 2007

Streetlighting release from Municipal Energy

Press release this afternoon from Municipal Energy:
Municipal Energy Consulting Group, LLC indicated to the Mayor of Bristol in a meeting today that the streetlighting refund by CL&P is less than half of what the City really deserves.
Jim Krone, President of Municipal Energy stated, “Our preliminary numbers show that CL&P’s refund falls considerably short. Using CL&P’s start and end dates, which are in the process of being reviewed by the Mayor's staff, we find at least $176,000 is owed the City in just removals and new found lights.”
This compares to CL&P’s offer of approximately $87,000 to Bristol earlier this year.
Krone called the number “very preliminary” and stated that “it will only go up.” Much more analysis is needed to reach a final figure but Krone indicated “the prognosis is very positive.”

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Contact Steve Collins at scollins@bristolpress.com

3 comments:

Anonymous said...

that is very similar to what Ken Johnson had been baiting us with also - when can we expect something of substance?

Anonymous said...

Why to go Stortz..so much for trying to derail the process. Hurry up and get out of office...November can't come quick enough

Anonymous said...

who was at the meeting? Was it held here or in Florida where Jim Krone is based? Who paid the bill to have him come up here to have the meeting? The taxpayers?