Electric Generation Rates To Spike In Connecticut And Rest Of New England This Winter

Connecticut residents can expect as much as 20 percent higher electric generation rates this winter mainly because of lack of capacity in the region’s natural gas pipelines which fuels power plants, according to the Hartford Courant.

Because of increased demand this winter, power generators have had to increase use of more expensive coal and oil plans.

Rates are expected to fall once the winter heating season is over.

“The jump in standard service rates in Connecticut, however, is smaller than increases in other New England states. In Massachusetts, rates will increase by as much as 38 percent. In Rhode Island, the electric costs are set to increase by 27 percent,” the Courant said.

 “The higher prices affect just the generation portion of the bill for customers who haven’t switched to a third-party electric supplier. For customers who use 700 kilowatt hours a month, the increase at Connecticut Light & Power and United Illuminating will be $9 to $12 a month, depending on the utility.”

 

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1 Comment on "Electric Generation Rates To Spike In Connecticut And Rest Of New England This Winter"

  1. Looking for a company that offers the best generation rate. Prefer a flexible rate vs. month to month.

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