Connecticut
Electric shock: Connecticut regulators approve rate hike. Bills to rise in September
State regulators have approved an electric rate increase that will affect customers of Eversource and United Illuminating starting Sept. 1.
The rate hike is expected to increase the typical consumer’s bill by approximately $3 per month, according to Eversource. This latest increase comes on the heels of a significant rise in the public benefits portion of customers’ bills last month.
Electricity rates in Connecticut are adjusted twice a year, in January and July, based on competitive bidding processes and regional wholesale electricity market prices.
The total impact on individual customers’ bills may vary depending on their energy usage.
The rate increase affects customers of both Eversource and United Illuminating, the state’s two largest electricity providers.