NEW HAVEN, Conn. (WTNH)– Tonight we’ll learn just how much more CL&P customers will be paying. The Public Utilities Regulatory Authority is set to have its final vote on the proposed rate hike.
News 8 first told you about this proposed rate hike over the summer which would impact all classes of CL&P customers. But, if approved, the increase may not be as high as first thought.
Originally, CL&P wanted to increase the monthly service charge for customers from $16 to $25.50. The latest draft of the proposal now wants to increase that rate to $19.50. It’s $6 less but still a possible increase nonetheless.
This service charge is a fixed rate that the majority of customers pay, regardless of how much electricity they use. CL&P has said the additional revenue is needed in order to do business and make upgrades to the system.
Many lawmakers have spoken out against all of this, saying CL&P needs to cut it’s own costs and not depend on the customers. The “public utilities regulatory authority” ultimately dictates how all of this will go down. They’ve been holding public meetings on the matter.
It’s all set for a final vote today. We of course will let you know the outcome.