Rates will drop for some customers

subscribe

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.

Related News

climate change denial

$1 billion per year is being spent to support climate change denial

PARIS - Orson Johnson says there is no scientific consensus on climate change. He’s wrong. A 2015 study by Drexel University’s Robert Brulle found that nearly $1 billion per year is being spent to support climate change denial. Electric utilities, fossil fuel and transportation sectors outspent environmental and renewable energy sectors by more than 10-to-1. It is virtually the same strategy that tobacco companies used to deny the dangers of tobacco smoke, spending hundreds of millions of dollars to delay recognition of harm from tobacco smoke for decades. These are the same debunked sources Johnson quotes in his commentary.

The authors…

READ MORE
electricity-prices-in-france-turn-negative

Electricity Prices in France Turn Negative

READ MORE

ontario-to-rely-on-battery-storage-to-meet-rising-energy-demand

Ontario to Rely on Battery Storage to Meet Rising Energy Demand

READ MORE

concrete power poles

Chinese-built electricity poles plant inaugurated in South Sudan

READ MORE

bill gates

Bill Gates’ Nuclear Startup Unveils Mini-Reactor Design Including Molten Salt Energy Storage

READ MORE