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Utilities Agree to Some Relief to Off-Set Increase in Electric Rates

Gov. Ned Lamont during a Nov. 28 press conference. Photo credit: Hugh McQuaid, CTNewsJunkie

Lawmakers are also meeting Monday and plan to, among other things, dedicate an additional $30 million to Connecticut’s Low Income Home Energy Assistance Program.

By Hugh McQuaid, CTNewsJunkie.com 

With Connecticut households bracing for steep electricity rate hikes, Gov. Ned Lamont announced a plan Monday to offset Eversource bills by $10 and supplement an energy assistance program by a total of $13 million in utility company shareholder profits.

Lamont announced the temporary relief plan during a morning press conference in the state Capitol building, more than a week after both Eversource and United Illuminating informed regulators that the supply portion of consumers’ bills would increase by nearly 100%, and as a result, customers’ bills will increase by about 50% beginning in January.

Click here to read the rest of the article on CTNewsJunkie.com.

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