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Tag Archives: Connecticut

CL&P and UI ordered to refund $30M

The Federal Energy Regulatory Commission (FERC) has ruled electric ratepayers will receive a $30 million refund from the parent companies of utilities Connecticut Light & Power (CL&P) United Illuminating (UI) because of overpayments for transmission charges. FERC reaffirmed last week its June decision to lower the return on equity that...

Connecticut Light and Power Seeks Rate Increase

Connecticut Light and Power (CLP) said that it plans to seek a 5.9 percent rate increase from state regulators as it works to replace aging infrastructure and improve reliability. The state’s largest utility, which has about 1.2 million customers, said any approved electric rate increase would not go into effect...

Connecticut Retail Electricity Provider Reduces Rates

Gulf Oil LP’s Gulf Electricity service has reduced its electricity rates for residential customers in Connecticut who choose to make the switch. Residential and small business customers switching from the utility are expected to save $35-$45 for the duration of a 12-month contract. For customers that have switched to a...

2011-12 Storms Prompt United Illuminating to Ask to Raise Rates in 2014

United Illuminating (UI) has made a formal filling to the Connecticut Public Utilities Regulatory Authority (PURA) to raise customers’ distribution rates beginning in January 2014. This would affect all UI customers, including those that have chosen a retail electricity provider, since the rates are distribution-related. Three storms – Sandy, Tropical Storm Irene,...