Connecticut Light & Power and United Illuminating have filed new Generation Service Charge (GSC) electric rate adjustments for Last Resort Service (LRS) customers effective July 1 – September 30, 2011. Beginning in July, United Illuminating’s GSC rates for GST and LPT customers will increase from June’s rate of 7.1243 cents per kWh to 7.4093 cents [...]
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%). [...]
Yesterday, in Docket No. 10-10-02, United Illuminating requested that the DPUC convene an administrative proceeding to incorporate the results of UI’s most recent Department approved power procurement for Last Resort Service (LRS) into new Generation Services Charges (GSC) for LRS customers effective October 1, 2010. UI said its Last Resort Service generation revenues will be [...]
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 [...]