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Wholesale electricity prices are down, but for how long?

By: ctpost.com | This winter’s wholesale electricity costs haven’t reached the historic levels seen during the 2013-2014 winter, but that doesn’t mean that all is well with New England’s electricity markets. We still have the highest regional electricity costs in the United States and impending capacity shortages will be a challenge to policymakers for years … Read more

CL&P to change name as part of multimillion dollar rebranding

By: Neil Vigdor | After all the criticism lobbed at Connecticut Light & Power Co. for its slow response to storm outages and its rate hikes, the utility will undergo a multimillion-dollar rebranding campaign to cast it as a more consumer- and environmentally-friendly company. A spokesman for CL&P parent Northeast Utilities confirmed Tuesday that the … Read more

Connecticut Light & Power rate increase stands, state regulators rule

By: Luther Turmelle | State utility regulators issued a final ruling Wednesday in a case that will increase fixed rate charges that Connecticut Light & Power customers pay from $16 per month to $19.25 each monthly billing period. The decision by Public Utilities Regulatory Authority commissioners is largely unchanged from one issued by the agency … Read more

Regulators propose slashing CL&P rate hike

By: Kaitlyn Naples & Jason Frazer | PURA’s draft decision reduces the proposed increase by more than $100 million. The draft ruling approves a $253 capital spending budget, as PURA stated in a press release that this level of spending is necessary for “safety, reliability and maintenance of the franchise.” The draft also allows an increase … Read more

Regulators approve CT electric rates

By: HartfordBusiness.com | The Public Utilities Regulatory Authority approved the proposed utility default standard service rates for electricity generation from Connecticut Light & Power and United Illuminating. Effective Jan. 1, CL&P’s residential generation rate will increase from 9.99 cents per kilowatthour to 12.629 cents per kilowatthour. On the same date, UI’s residential generation rate will … Read more

Connecticut OKs Raised Electric Rates

Regulators have approved higher rates to generate electricity for residential and business customers of two utilities. By: NECN.com | Connecticut regulators have approved higher rates to generate electricity for residential and business customers of two utilities. The Public Utilities Regulatory Authority announced Monday its approval of higher standard service rates proposed by Connecticut Light and … Read more

Opponents of CL&P rate hike to meet on Monday

By Kaitlyn Naples & Erin Connolly | As the temperatures continue to go down, utility bills will only go up and now they may rise even more. Connecticut Light and Power has proposed rate hikes, which have many people outraged, and one of the increases can’t be avoided by using less electricity. On Monday, a … Read more

CT electricity supplier faces $50M class action suit

Attorneys representing energy consumers across the country filed a $50 million class-action lawsuit Thursday against Middlebury electricity supplier Starion Energy. The complaint, filed in U.S. District Court for the Southern District of New York, alleges that Starion engaged in an “illegal bait-and-switch” routine that defrauded thousands of consumers out of millions of dollars. National law … Read more