Summer Energy Supply Costs Drop for Eversource Standard Service Customers
May 17, 2024
As Eversource’s outreach and collaboration continues with the state on solutions to provide rate predictability for customers, the energy company today filed a new Standard Service supply rate with Connecticut’s Public Utilities Regulatory Authority (PURA) that would go into effect July 1. If approved by PURA, the new rate for residential customers receiving energy supply from Eversource would change from the current 14.71 cents per kilowatt-hour (kWh) to 8.99 cents per kWh. In Connecticut, the energy supply price changes twice a year – January 1 and July 1. Under state law, Eversource does not earn a profit on the cost of electricity and charges customers only what it pays to generators, without markup, to produce the power for customers.