Rates will drop for some customers
CONNECTICUT - Commercial electric customers as well as some industrial companies will see their rates drop in the last three months of this year.
Commercial and industrial customers of Connecticut Light & Power Co. will pay an average rate of about 17 cents a kilowatt hour, about 10 percent less than in the third quarter this year.
By state law, commercial and industrial rates are adjusted quarterly and approved by the state Department of Public Utility Control.
The rate decreases are a result of CL&P's latest power procurement contracts, which will cover demand for the rest of the year.
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