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1 posted on 11/21/2022 1:39:57 PM PST by george76
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To: george76
Of course once it goes up, it will never go down.

The people of Connecticut just apparently re-elected that horrible Ned Lamont as governor so I guess we are getting what we deserve.

2 posted on 11/21/2022 1:41:33 PM PST by SamAdams76 (4,618,218 | Truth Social | 87,508,262 | Twitter | Trump Followers)
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To: george76

That’s quite an increase.

FYI, they’re currently paying contractors to inspect every single pole on system.


3 posted on 11/21/2022 1:42:39 PM PST by EEGator
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To: george76

They bemoan the price increase of energy while celebrating “green energy” and the closure of nuclear power plants.


4 posted on 11/21/2022 1:44:25 PM PST by BlueStateRightist (Government is best which governs least.)
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To: george76

Eversource is also in Mass, RI, and NH.


5 posted on 11/21/2022 1:44:44 PM PST by EEGator
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To: george76

700-kilowatt hours of power each month

They are really low balling the monthly average use ... 700 kw ?


8 posted on 11/21/2022 1:46:51 PM PST by RetiredTexasVet (Biden not only suffers fools and criminals, he appoints them to positions of responsibility. )
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To: george76

Biden: If you like cheap power for charging your EV, you can keep it.


9 posted on 11/21/2022 1:50:35 PM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: george76
Quotes from Wikipedia

https://en.wikipedia.org/wiki/Eversource_Energy

 

"Eversource disclosed on its website politically related organization expenditures of $110,000 to the Democratic Governors Association in 2016, and payments made to trade associations that were used for lobbying or other political activities in excess of $135,000.[35]"

"In 2017, an environmental group accused Eversource and Avangrid of driving up electric, gas rates over several winters[40] by buying up shipment capacity on a major pipeline that they ultimately did not use. The Environmental Defense Fund said both utilities routinely reserved big deliveries of natural gas on the Algonquin pipeline system for frigid days, but then sharply reduced those orders too late in the day for others to use that capacity. Those orders had the effect of driving up wholesale prices for natural gas during peak winter heating periods and in turn increasing the costs of electricity generated by gas-fired power plants. The two utilities “engaged in behavior that would tend to have the largest impact on prices,” said N. Jonathan Peress, a senior director at the New York-based environmental group. “That implies they knew their efforts would have some sort of pricing impact that would provide them with some commercial benefit.” Representatives for both utilities denied they did anything improper."

"U.S. Senator Richard Blumenthal asked the Federal Energy Regulatory Commission to open an investigation on the matter, and both the Connecticut Public Utilities Regulatory Authority and the Massachusetts Public Utilities Department are launching inquiries of their own.

On Feb. 27, 2018, FERC announced their investigation “revealed no evidence of anticompetitive withholding of natural gas pipeline capacity on Algonquin Gas Transmission by New England shippers.” It said that following an extensive review Commission staff “determined that EDF’s study was flawed and led to incorrect conclusions about the alleged withholding.”[42]

A class-action lawsuit[43] filed on November 14, 2017 against Avangrid, Inc. and Eversource Energy claims the two companies caused electricity consumers to incur overcharges of $3.6 billion in a years-long scheme that impacted six states and affected 14.7 million people. The lawsuit states that 7.1 million retail electricity customers and an overall population of 14.7 million people have been affected by Eversource and Avangrid's “unique monopoly” spanning at least from 2013 to 2016. On June 10, 2019, the case was thrown out of court as the judge stated natural gas prices are federally regulated and could not be interfered with by the court.[44]

On December 11, 2017, the utility sent a cease-and-desist letter to the Environmental Defense Fund, demanding the group remove a report from its website that accused Eversource of driving up electricity prices with its contracting practices for natural gas.[45]

10 posted on 11/21/2022 1:52:07 PM PST by ransomnote (IN GOD WE TRUST)
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Please Support FR
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11 posted on 11/21/2022 1:52:51 PM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: george76

They better build more solar power and bird killers.


12 posted on 11/21/2022 1:54:49 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: george76

https://www.fingerlakes1.com/2022/09/20/natural-gas-prices-will-rise-25-40-this-winter-customers-can-expect-bills-to-be-hundreds-higher/


13 posted on 11/21/2022 1:54:59 PM PST by Sacajaweau ( )
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To: george76
Eversource has asked the state Public Utilities Regulatory Authority to approve an increase that the company said could increase the electric bill for an average customer by nearly 50 percent...

Eversource is looking to increase the Standard Service Rate for residential customers who receive their energy supply from Eversource from 12.1 cents per kilowatt-hour to 24.2 cents per kWh...

I may be not understanding something here, but that looks like a 100% increase to me.

14 posted on 11/21/2022 2:00:30 PM PST by TangoLimaSierra (⭐⭐Public hangings will wake 'em up.⭐⭐)
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To: george76

This is why I left CT in 2006


15 posted on 11/21/2022 2:01:37 PM PST by George from New England
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To: george76

Hey, don’t worry. That’s with only 5% of the people driving electric cars. When that percentage goes up....your bill will stay the same. We promise.


16 posted on 11/21/2022 2:03:51 PM PST by Antoninus (Republicans are all honorable men.)
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To: george76

Hey, don’t worry. That’s with only 5% of the people driving electric cars. When that percentage goes up....your bill will stay the same. We promise.


17 posted on 11/21/2022 2:03:51 PM PST by Antoninus (Republicans are all honorable men.)
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To: george76

“””Eversource is looking to increase the Standard Service Rate for residential customers who receive their energy supply from Eversource from 12.1 cents per kilowatt-hour to 24.2 cents per kWh, compared to 11.5 cents per kWh last winter,”””

Connecticut is getting close to paying as much as Europe for electricity.

On the otherhand, here is a list of the charges on my monthly Florida electric bill:

First 1000 kwh usage is 10.86 cents per kwh
Over 1000 kwh usage is 12.86 cents per kwh

Then the following charges and fees are added that push the total cost to 14.7 cents per kwh

1. Base charge
2. Gross receipts tax
3. Regulatory fee
4. Franchise charge
5. Utility tax
6. Surge shield program
7. Sales Tax
8. Discretionary sales tax surcharge

When you add in the miscellaneous charges, Connecticut households will be paying close to 40 cents per KWH.

I am expecting our all-in charges will be about 18 cents per KWH beginning in Jan 2023.


18 posted on 11/21/2022 2:05:05 PM PST by Presbyterian Reporter
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To: george76
Eversource said, if approved, the increased rates would be in effect from Jan. 1, 2023, through June 30, 2023.

What happens on June 30, 2023? They want you to think the rates will return to what they are now. It's more likely that they will go up even more.

19 posted on 11/21/2022 2:09:18 PM PST by Fresh Wind (Fake news, fake pandemic, face vaccine, fake election, fake president.)
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To: george76

How much did Eversource donate to Democrats in the last election cycle.


23 posted on 11/21/2022 2:26:04 PM PST by ConservativeInPA ( Scratch a leftist and you'll find a fascist )
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To: george76

Biden’s Cold 🥶🥶🥶🥶 Dark Winter

Great job, Democrats!! 👍👍👍


25 posted on 11/21/2022 2:28:22 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: george76
Power and Profiteering: How Certain Industries Hiked Prices and Drove Inflation
28 posted on 11/21/2022 2:38:00 PM PST by Izzatso
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To: george76

This is what they voted for. Enjoy.

32 posted on 11/21/2022 2:46:41 PM PST by BookmanTheJanitor
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