Today, Connecticut Light & Power also posted its proposed Q4 2010 Last Resort Service (LRS) Generation Service Charge (GSC) rates for business class customers effective October 1, 2010. CL&P’s proposed rates would increase the total average GSC rate for LRS customers from 6.476 ¢/kWh in Q3, to 7.062 ¢/kWh in Q4 (or by approximately 9%). [...]
Connecticut Light and Power (CL&P)
At the mid-year point in 2010, electric power shopping among residents and businesses inside the Connecticut Light & Power service territory continues its strong upward trend. We expect this trend to continue through the remainder of the year as more retail electric suppliers continue to enter the marketplace, while offering competitive rates that under-cut CL&P’s [...]
Energy news, notes, and bits from around the Constitution State for the week ending July 16, 2010 – as compiled only by the Connecticut Energy News Board. Enjoy! United Illuminating and Connecticut Light & Power filed a joint application with the DPUC in Docket No. 10-07-07 seeking approval for UI’s investment in and ownership of [...]
Variable Peak Pricing (VPP) is a form of Time-Of-Day (TOD) pricing that allows customers to purchase their generation supply at prices set on a daily basis. Standard on-peak and off-peak time-of-day rates are in effect throughout the month. Under the VPP program, the on-peak price for each weekday becomes available the previous day (typically late [...]
Below is the 2010 timeline of the open default electric service procurement activity scheduled for Connecticut’s two major incumbent electric utilities:
