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State officials have reached a rate agreement with UI and issued a challenge to Eversource. (Chris Dehnel/Patch)
HARTFORD, CT Gov. Ned Lamont and state Attorney General William Tong Wednesday announced that the State of Connecticut has reached an agreement with United Illuminating to offer a $46.5 million COVID relief bill credit to decrease and stabilize electric rates into 2023.
Additionally, UI has committed to not change base distribution rates until at least May 2023 to provide further certainty for its customers, they said.
The agreement is subject to review and approval by the Public Utilities Regulatory Authority.
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On the heels of the announcement, the state s top legal administrator challenged the state s other major electric utility Eversource Energy to follow suit. Eversourse earlier this month submitted a plan for for a rate increase.
Connecticut strikes deal on electricity bill relief middletownpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middletownpress.com Daily Mail and Mail on Sunday newspapers.
Power Utilities Look To Resume Disconnects In CT; Lamont Objects - Across Connecticut, CT - Gov. Ned Lamont is urging regulators to reject plans by Eversource and others to resume service disconnections, currently on a moratorium