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Tag Archives: rate increase

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...

PUC Challenges Duquesne Light Rate Increase

The Pennsylvania Public Utility Commission (PA PUC) voted to investigate the request made by Duquesne Light Co. to increase its electricity distribution rates by 17.6 percent — worth about $76.3 million annually to the Pennsylvania utility. If the request is approved, the average residential customer who does not have electric...

United Illuminating Denied Rate Increase

Despite a 49 percent increase in profits so far this year, the United Illuminating (UI) Company is outraged over a proposed $54 million reduction in its latest rate hike request. In a strongly worded objection, UI this week called a draft ruling by state regulators to trim its rate increase...

BGE Raises Prices During the Summer Months

Baltimore Gas and Electric Company (BGE), a leading utility in Maryland, has increased its supply rate. Customers can expect an additional $6.00 per month to appear on their utility bill for electricity. According to Debbie Larsson, a BGE spokesperson, the increase was necessary because the price of the energy supply...

PSE&G Files Rate Increase Request to Update Energy Grids

PSE&G has filed a request with New Jersey’s Board of Public Utilities (BPU) to raise $3.9 billion to update its power and gas energy grids. Termed the “Energy Strong” program, the increased revenue will go towards infrastructure upgrades that will prevent widespread power outages such as those experienced in Superstorm...