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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 utility companies are reporting record earnings — and residents are paying for it. The state currently has the highest electric bills in the continental U.S.
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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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This is the first time the water utility has asked the state Public Utilities Regulatory Authority for a rate increase since it was acquired by the region’s largest power company, Eversource, in 2017. But the company did raise its standard service rates for customers twice last year.
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The third-party electric supply company Verde Energy will reimburse customers, according to a settlement with the Connecticut Public Utilities Regulatory Authority.
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The state Public Utilities Regulatory Authority also told the electricity providers, along with their affiliated natural gas companies, that shut-offs cannot begin until May 2023.
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The bond rating firm Fitch draws skepticism on the Long Island Power Authority turning into a fully public utility.
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Nearly 10,000 low-income PSEG Long Island and National Grid customers have the opportunity to eliminate their utility debt through a new state program in New York.
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New York Governor Kathy Hochul met with the heads of the major downstate utilities in preparation for the upcoming hurricane season, she wants to make sure everyone is prepared as possible for any potential extreme weather.
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United Illuminating filed a notice with PURA — the Public Utilities Regulatory Authority — that it will seek a three-year rate increase for customers.