Eversource has asked the state Public Utilities Regulatory Authority to approve the increase, which the company said could raise electric bills for the average customer by about 50 percent, or $85 a month.
If approved, the increased rates would take effect from Jan. 1, 2023, to June 30, 2023, Eversource said.
Eversource plans to increase its energy supply from Eversource to 24.2 cents from 12.1 cents per kWh last winter, compared to 11.5 cents per kWh last winter.
The company said the average Eversource residential electric customer using 700 kilowatt-hours of energy each month could see an increase of about 48%, or $85 per month, over their current monthly bill on the utility portion of their bill.
Eversource said the reasons include continued rising global energy costs and increased global demand for natural gas and regional electricity supply prices, which hit an all-time high this year due to high natural gas prices, world events, extreme weather and other challenges.
Eversource accounts include a supply portion and a delivery portion.
Gov. Ned Lamont said in a statement that he will call the General Assembly into a special session to pass legislation to help residents. This includes ensuring that the state’s energy assistance program has sufficient funding to provide support for electricity and heating oil costs.
“I’m disappointed that electric distribution utilities are making historic profits while electricity generation rates are rising and customers are facing economic hardship, and I urge UI and Eversource to come to the table with solutions that recognize their investors and executives can and should. Support customers as we work together toward long-term solutions that insulate us from the volatility of global fossil fuel markets,” said Lamont.
Attorney General William Tong released a statement saying the increase would be unaffordable for many families and businesses.
“This is a massive increase that will be unaffordable for many Connecticut families and businesses. As in Connecticut, we pay a lot for our energy, and the rates this winter are nothing short of punishing. My office has intervened on every rate on behalf of consumers before the Public Utilities Regulatory Authority and the Federal Energy Regulatory Commission because we know how much the cost of energy affects family budgets,” Tong said.
“We have almost no ability to challenge these supply rates, which is disappointing. Our supply rates always fluctuate between winter and summer, but this is not normal. We are seeing a huge global increase in gas prices because of Ukraine and the war in Ukraine. “Manipulation of gas supply. As a country and as a state, we need to take a hard look at our energy sources and reduce our dependence on sources like natural gas that produce these wild, unaffordable price increases,” Tong added.
“As Connecticut families struggle with the rising cost of living, these alarmingly high interest rate increases are deeply concerning and should be aggressively scrutinized by state authorities. All possible measures should be taken to reduce these increases and minimize their impact on consumers. Connecticut families simply cannot afford to pay more for their utilities,” US Senator Richard Blumenthal said in a statement.
United Illuminating also wants to raise its rates, the Consumer Advice Bureau said.
UI wants to increase rates from $0.1062 to $0.2249 per kilowatt hour, which would affect the average United Illuminating residential customer.
using 700 kWh per month, increasing the monthly payment to approx
According to the Consumer Advice Bureau, $83.09.
Utility payment plans and assistance
If you need help paying your utility bills, both Eversource and UI offer billing
Help options to help:
- Call Eversource: 1-800-286-2828 (electric) or 800-438-2278 (gas) or get help online here.
- Call UI: 800-722-5584 or get help online here.
State and Federal Aid
Connecticut Energy Assistance Program (CEAP)1 benefits are also still available. The main benefits of heating bills range from $410 to $1,015, depending on the household’s income level.
CEAP is administered through the Department of Social Services
and local Community Action Agencies across the state.
You can apply online at ct.gov/heatinghelp/apply, contact your local CAA with additional questions, or apply for help in person.
Operational Fuel Assistance
Operation Fuel provides emergency energy and utility assistance to Connecticut households facing financial crisis. Call (860) 243-2345 or visit https://operationfuel.org/gethelp/.