Eversource seeks 19% rate hike on CL&P customers
February 15, 2024
Eversource filed a request Thursday for a $784 million rate adjustment that would bump its Connecticut Light & Power electric rates by nearly 19%, costing an average residential customer an additional $38 a month on May 1.
The United Illuminating Company, an Avangrid subsidiary and the smaller of Connecticut’s two regulated electric monopolies, intends to make a similar filing next week, though most likely at a far less jarring level.