It must be all those rising costs associated with bad road patching or something. The Courant reports:
Connecticut Light & Power will ask regulators in a filing today to increase what customers pay by 4.6 percent - about $6.25 a month for a typical household - starting Jan. 1.
The utility company says it needs the increase to offset rising costs, boost company profits and pay for improvements to the state’s aging electric system.
But the request comes at an awkward time. Connecticut has the highest electric rates in the continental United States, and the legislature just spent months fighting over how to lower them, passing a new law that focused on conservation and peak demand but provided little immediate relief for consumers.
Yes, rates are expected to decrease about 6 percent for households starting Sunday, but that’s scant relief after a 90 percent increase over the last seven years. That might make the proposed rise in rates difficult to explain to customers.
“I think it is going to be difficult for people to understand the needs,” said Raymond Necci, CL&P’s president and chief operating officer.
So Necci is starting to make his case for why the state Department of Public Utility Control should allow CL&P to charge more to deliver electricity to its more than 1.1 million customers.
Awkward is hardly the word I would use. Watching CL&P tear up roads, and then repave the section they have destroyed, often with lumpy, bumpy, troughs that bear little resemblance to the road that was once there, shows me that CL&P makes little effort to act as a good corporate citizen. They likely sub contract the paving work out, oblivious that their sub contractor are doing a poor to abysmal job. What else are they not paying attention to?
source: The Courant, Electric Bill Relief Could Be Fleeting,
HIGH HOME INSURANCE RATES
