Residential customer of Connecticut Light & Power may see their bills go down in the New Year, but state regulators will have to rule on contradictory filings by the utility. WNPR’s Harriet Jones reports.
CL&P has filed a request with state regulators for a decrease in its generation service charge. That portion of customers bills would go down by just over five percent, translating into an approximately $7.30 decrease in the average monthly bill. According to the utility, the decrease can be put into effect because of the decline in natural gas prices and the success of its long-term buying policies on electricity.
The news is not so good for large business customers of the utility though – because of a switch in the way power is bought for those customers, the generation portion of their bills will increase by more than ten percent in January. However, even residential customers may not feel the full benefit of the intended lower prices – CL&P has filed a separate request with the state Department of Public Utility Control seeking a $210 million rate increase on the distribution side of its operation – that could in effect cancel out any decrease on the generation side.
For WNPR, I'm Harriet Jones.