Calls Initiative a Positive Step Toward Making State More Competitive for Businesses

Connecticut's largest business organization today welcomed an agreement between all six New England states designed to bring cheaper, cleaner, and more reliable energy to the region.

John R. Rathgeber, president and chief executive officer of the Connecticut Business & Industry Association, called the initiative a "positive step toward making the state more competitive for businesses."

"Connecticut has one of the highest costs of doing business in the country and energy costs are a major contributing factor," Rathgeber said.

"We have long supported energy policies that will provide our economy with reliable, diverse, and affordable power and this agreement has the potential to drive the state and region in that direction."

In announcing the agreement today, the governors of the six New England states committed to developing a regional energy strategy that "meets our common needs and goals."

Rathgeber said it was critical that lawmakers also support the initiative.

###

CBIA is Connecticut's largest business organization, with 10,000 member companies. For more information, please contact Joe Budd (860.244.1951; joe.budd@cbia.com) or visit the CBIA Newsroom.