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