Conn. Electricity Rates Set For January Hike
Most electricity consumers in Connecticut are getting a rate increase on Jan. 1. That’s because state regulators approved higher rates for Connecticut Light and Power and United Illuminating today.
The reason for the increase is because the cost of getting natural gas to electricity power plants has been rising due to limited pipeline capacity, said Dennis Schain, a spokesman for the Public Utility Regulatory Authority.
“Not just in Connecticut,” Schain said. “This is a problem throughout the northeast- that there is not enough of a pipeline to meet the needs of the power plants,” he said.
Under the new rates a CL&P residential customers who use an average of 700 kilowatt hours per month would pay an additional $18 a month.
A UI residential customer using that same amount would see an increase of $33 a month.