Opposition Digs In Over Electric Rate Hike Request
By STEPHEN SINGER, AP Business Writer
HARTFORD, Conn. (AP) _ A fight is brewing over a request by Connecticut’s largest utility to raise rates by $232 million to upgrade equipment following destructive storms.
Customers will pay an average $150 more a year, up about 6 percent, if regulators side with Connecticut Light & Power.
Consumer advocates say monthly charges would rise regardless of how much electricity is used, which they say would threaten efforts to conserve electricity.
CL&P, a subsidiary of Northeast Utilities, says about $117 million would pay for new and stronger poles, wires, transformers and substation upgrades.
Another $89.5 million is to repair damage from storms in 2011 and 2012 and $25.3 million is to protect equipment from future storms.
The first of three public hearings is scheduled for Wednesday. A draft decision is expected in December.
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