|In an ongoing effort to keep you aware of the policies of State Government, on occasion I regrettably have to inform you of bad news. As you may have heard or read, electric rate increases affecting United Illuminating and Eversource customers went into effect January 1st.
The rate increases were approved last fall by the Public Utility Regulatory Authority (PURA), which operates independent of the legislature and is statutorily charged with providing oversight for the rates and services of Connecticut’s investor owned electricity, natural gas and water and companies.
Standard service generation rates for United Illuminating customers will increase by approximately 24% from its current rate of 9.05¢ per kilowatt hour (kWh) to 11.23¢ per kilowatt hour (kWh). The standard service generation rates for Eversource customers will increase from 8.53¢ per kilowatt hour (kWh) to 10.14¢ per kilowatt hour (kWh), an overall increase of 18.9%.
On average, the monthly bill for United Illuminating standard service customers will increase by $16.35. Eversource standard service customers that use 750 kilowatt hours/month will see a monthly bill increase of $12.08 per month.
I’m writing to remind you that UI and Eversource customers have the option of searching for cheaper standard service generation rates through the Energize Connecticut web portal.
Click here to view a full list of suppliers and their rates. As always, customers who are considering an alternative supply should carefully review price, terms, length of contract, enrollment, early termination, and other potential fees when comparing options.
I hope this information has been helpful.
As always, if you would like to connect with me, please call: 1(800) 842-1423 or email: Dave.Yaccarino@housegop.ct.gov for more information.