Eversource To Seek Distribution Rate Increase

BERLIN, Conn. (CBS Connecticut) – Eversource says it intends to seek an increase in electricity distribution rates from state utility regulators.

The utility says the higher rates would be used to continue efforts to upgrade the power distribution system through improvements such as “smart switches,” stronger poles and wires, and enhanced tree trimming.

Eversource is seeking a rate increase of $255.8 million in the first year, $45 million in the second and $36 million in the third. The company says the average increase for all customer rate classes would be 6.79 percent.

A formal application is expected to be filed with the Public Utilities Regulatory Authority in November. If the request is granted, new rates would go into effect May 21, 2018.

 

Comments

One Comment

  1. when I am paying twice as much for delivery than I am paying for generation of electricity something is WRONG

Leave a Reply

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

Twitter picture

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

Facebook photo

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

Google+ photo

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

Connecting to %s

More From CBS Connecticut

Sign Up Today!
Hear WTIC Podcasts
At The Box Office

Listen Live