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A proposal to study how data centers affect CT's electric grid is drawing opposition from some who say it would delay critical development.
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United Illuminating filed a request to raise its electric rates by 12%, costing an average residential customer an additional $26 a month.
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Eversource wants $784 million to recover CT's imposed costs and says the mandate to pay favorable rates for Millstone power costs $605 million.
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At a crucial time, Gov. Ned Lamont is leaning toward changing the dynamic at PURA, the Public Utilities Regulatory Authority, by expanding it.
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Connecticut's Public Utilities Regulatory Authority has approved a 2% distribution rate increase over the next three years for United Illuminating, the state’s second largest electric utility.
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The Public Utilities Regulatory Authority is expected to reject a rate hike proposal from United Illuminating on Friday, with the support of Connecticut Attorney General William Tong and other state lawmakers.
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Connecticut Attorney General William Tong called on the Public Utilities Regulatory Authority to exercise more control over United Illuminating. The power company has proposed rate hikes as high as 8%, and failed to clean environmental toxins from a former power plant in New Haven.
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Some Connecticut lawmakers are opposed to an 8% rate hike over the next three years requested by United Illuminating, the state’s second largest electric utility.
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Connecticut's expensive electric rates are fueling an effort to revise regulations governing Eversource and other utilities.
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Connecticut and Massachusetts regulators have been told that an increased supply of natural gas is needed to bring down the cost of electricity.