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Connecticut Electric Bills Drop by $30-$34, Thanks to Nuclear Plant Refund
Description
Connecticut electric customers rejoice as PURA approves bill cuts of $30 for Eversource and $34 for United Illuminating, effective May 1st. The refund from overcharging last year on nuclear plant contracts drives the reduction. Utilities caution of potential hikes next year, while Governor Lamont praises the move, highlighting savings from nuclear deals. Smaller wins include shifting EV charging subsidies to state bonds and a $100 million storm damage repair fund. With new PURA commissioners, stability and predictability for bills are the focus.
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