Electric rates set to drop May 1 as PURA announces relief for Connecticut customers
The decision will lower electric rates for Eversource and United Illuminating (UI) customers.
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PURA has announced upcoming adjustments to electric rates set to take effect May 1.
The decision will lower electric rates for Eversource and United Illuminating (UI) customers.
Eversource customers will see rates decrease by a total of 4.3 cents per kilowatt-hour, or about $30 on an average monthly bill.
UI residential customers will see rates decrease by a total of 4.9 cents per kilowatt-hour, or an average monthly decrease of about $34.
Gov. Ned Lamont weighed in on the new rates decision.
“Connecticut families have been struggling to pay high electric bills amidst other rising costs—and I heard you,” he said. “Today’s announcement by PURA is good news for residents, who are soon to get some much-needed relief. This is the direct result of the difficult but necessary decisions we made over the past few years, including restructuring utility arrearages and betting on nuclear power to offset the volatility of fossil fuel prices. I’m glad these decisions are paying off and helping to lower bills for our residents.”
