You’ve been warned: Electric rates go up for many customers on July 1 - Recommended

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  Organic dairy farmers are sounding the alarm: They need help. In most New England states, utilities change the supply rate twice a year after holding competitive auctions. Their conclusion? Or what if we spread нажмите чтобы прочитать больше costs that utilities recoup for these projects over many decades so that the amount ratepayers contribute every month xre lower? There are several ways customers can take more direct control over their energy expenses, including:. But Butterworth said, what if we paid for that with taxpayer money instead of ratepayer money so that the wealthy shoulder a bigger eletcric While PURA why are electric rates so high in ct the competitive process during which the electricity is procured to supply standard service customers, PURA does not regulate the wholesale electricity market or its pricing.  

Why electricity prices are rising unevenly across New England | Connecticut Public - Lowering Your Energy Bills This Winter

 

Why are electric costs going up in Connecticut? Does it have to do with a bill passed related to the Millstone nuclear power plant? Millstone is a major supplier of electricity to the New England market.

Millstone used to have to compete in the electricity market with other producers who were not carbon-free, which kept their prices artificially low. The price of carbon-free power is much more expensive, especially given the requirement most Northeastern states have that a certain — and growing — percentage of the energy in-state utilities buy has to be carbon-free or low-carbon.

In , a bill was passed that allowed Millstone to compete in the carbon-free market, driving up the cost of the energy they produce. In , a ten-year agreement was reached requiring state energy companies to purchase power from Millstone, guaranteeing that the power station would stay open. This policy decision by state lawmakers has driven up the cost of energy overall , and especially energy from low- or no-carbon sources.

Connecticut has also been slow to encourage additional energy-related infrastructure, like gas pipelines and transmission lines. All of these factors have driven up the cost of electricity in Connecticut to one of the highest rates in the continental United States.

John O'Neill August 4, pm. Can you give us an indication of the price differential between carbon free energy and fossil energy? Tom Scelfo August 5, pm.

That also seems hard to believe because so many people are complaining about the increased delivery charge, which Lamont never discussed. I am a big fan of the Yankee Institute, but this article describes an overall trend in electric rates due to CT policies, and does not address any sudden rate increase on July 1.

I would very much appreciate someone providing the truth as to what exactly happened to Eversource electric rates on July 1. Bryan August 9, pm. Melissa August 24, pm. My gas bill in the summer is the same, within 1 dollar, of what it was last summer at this time, but my delivery charge is now twice what it was last summer. Len August 9, pm.

First the law was SB 9 that was passed on Second, the day-ahead wholesale price of electricity generated by natural gas in May in the region was 1.

The price of wind generated electricity in the recent deal with RI was 9. Cynthia August 31, pm. Bob freudenberger February 25, am. Ironic that the cost of transmission is so high in such a small state. Your email address will not be published. By Yankee Staff August 3 , Energy , Good Government 7 Comments. Yankee Institute is a c 3 research and citizen education organization that does not accept government funding. Yankee Institute develops and advances free-market, limited-government solutions in Connecticut.

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