Rates will drop for some customers
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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WASHINGTON - A group of 27 Democratic senators is calling for action in the Senate Finance Committee on extending energy-related tax credits and examining new tax proposals, especially those that incentivize renewable energy projects.
Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, led the group of Democrats in writing a letter Tuesday to Sen. Charles Grassley, R-Iowa, who chairs the committee.
“Despite numerous opportunities, including in the recent tax extenders package, the Finance Committee has failed to take action on the dozens of energy tax proposals pending before it,” they wrote. “It is critical that the Committee move…
