Cl&P Gets Ok to Raise Rates; Regulators Approve Larger Increase Than in Draft Decision

Summary

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Connecticut Light & Power Co. customers will see a larger increase in the transmission portion of their electric bills under a decision issued by state utility regulators Monday than they would have under a draft decision issued 10 days ago.

Monday's final decision by the Department of Public Utility Control will increase residential customers' bills by $3.65 per month starting Friday for those individuals using 700 kilowatt hours per month, according to the regulatory agency's calculations.

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Extract

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Cl&P Gets Ok to Raise Rates; Regulators Approve Larger Increase Than in Draft Decision

Customers using the same amount will see their bills increase by $1.14 per month next year, an amount...

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