HARTFORD, Conn. (AP) _ The head of the soon-to-be-established
Department of Energy and Environmental Protection says Connecticut
ratepayers should begin to see the cost of energy fall in six
months to a year.

Daniel Esty says in an interview with The Associated Press on
Monday that he expects a “measurable rate reduction” as a result
of state legislation enacted earlier this month bringing the state
deeper into the purchase of electricity.

Esty did not say how much he expects rates to fall. A spokesman
for Connecticut Light & Power says rates for power generation will
likely drop 5 percent to 10 percent in January 2012. Electricity
rates already are lower this year from 2010 due to falling natural
gas prices.

State legislators say high electricity costs have been a top
complaint among constituents.

     (Copyright 2011 by The Associated Press.  All Rights Reserved.)


Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Listen Live