Electricity

Stricter federal oversight could help drive down the high cost of electricity, according to U.S. Sen. Richard Blumenthal (D-CT) and state officials.

Connecticut’s State Bond Commission approved borrowing $155 million to provide some relief for electricity customers paying high bills.

Connecticut lawmakers have acted on a bipartisan bill to reduce the high cost of electricity as part of a frenzy of activity leading up to the end of their legislative session on Wednesday.

Connecticut Democrats' energy proposals this year include an override of the state’s 40-year moratorium on nuclear power plants to allow for the construction of small modular reactors.

The massive amount of energy needed to power Artificial Intelligence could slow its development in the U.S., according to a Connecticut database security and privacy expert.

New York lawmakers introduced a bill to allow the Long Island Power Authority to provide public power to residents without the need for a third-party company.

At an environmental summit hosted by the Connecticut League of Conservation Voters on Tuesday, Gov. Ned Lamont encouraged both hybrid and electric vehicles, while also acknowledging the state’s high electricity rates.

The Long Island Power Authority’s new standard rate for 2024 would reward customers who move their major electricity use to off-peak hours.

Connecticut and Massachusetts regulators have been told that an increased supply of natural gas is needed to bring down the cost of electricity.

United Illuminating filed a notice with PURA — the Public Utilities Regulatory Authority — that it will seek a three-year rate increase for customers.