Electricity Credit Program Launched

HARTFORD, CONNECTICUT - Households and businesses strapped by high energy costs can receive a credit on a fall electric bill by cutting their consumption during the summer months, under a program announced by state regulators.

The "Summer Saver Rewards Program" was part of the energy bill passed by lawmakers and signed by Gov. M. Jodi Rell recently.

Ratepayers will receive a credit on their November bill equal to 10 percent, 15 percent or 20 percent of the generation portion of their bill, if they cut their usage by certain amounts during the summer months. The generation portion is typically two-thirds of the overall bill.

Customers will earn the credit by reducing their electric use between July 1 and Sept. 30. A reduction of at least 10 percent will earn a 10 percent credit. A reduction of at least 15 percent would earn the 15 percent credit. A reduction of 20 percent or more would earn the maximum credit of 20 percent.

"We think it will put people in the mood to increase their energy conservation," said Anthony Palermino, a department of Public Utility Control commissioner.

The program is designed in part to improve the overall reliability of the electric system, which is stressed by high summer demand.

The program is financed by ratepayers. Energy regulators estimate the typical customer will pay less than $1 per month to fund it.

Related News

Minnesota Power Northern Transmission Line

Minnesota Power energizes Great Northern Transmission Line

MINNEAPOLIS - Minnesota Power, a utility division of ALLETE Inc. (NYSE:ALE), has energized its Great Northern Transmission Line, bringing online an innovative delivery and storage system for renewable energy that spans two states and one Canadian province.

The 500 kV line is now delivering 250 megawatts of carbon-free hydropower from Manitoba, Canada, to Minnesota Power customers.

Minnesota Power completed the Great Northern Transmission Line (GNTL) in February 2020, ahead of schedule and under budget. The 224-mile line runs from the Canadian border in Roseau County to a substation near Grand Rapids, Minnesota. It consists of 800 tower structures which were fabricated in…

READ MORE
powerlines

Florida says no to $400M in federal solar energy incentives

READ MORE

wind power

Renewable energy now cheapest option for new electricity in most of the world: Report

READ MORE

iec palestinian electricity agreeement

IEC reaches settlement on Palestinian electricity debt

READ MORE

three mile island nuclear power plant

Three Mile Island at center of energy debate: Let struggling nuclear plants close or save them

READ MORE