NEW BRITAIN, Conn. — Editor's Note: The headline has been corrected to state that electrical customers could see a rate drop on July 1, not on June 1.
Electric rates will make their annual summer drop starting in the coming weeks, with the typical Connecticut household saving upwards of $10 a month through the end of the year.
The Public Utilities Regulatory Authority (PURA) announced Wednesday that revised delivery rates and standard service generation rates become effective on June 1, 2021 and July 1, 2021, respectively.
The authority said the delivery rate will increase on June 1. For Eversouce customers, this increase will be about 2% - or less than $3 per month for a residential customer using an average of 700 kWh of electricity per month.
PURA said it is currently reviewing the proposed delivery rate adjustments for United Illuminating (UI) in an ongoing proceeding.
On July 1, average standard service generation rates - or the "supply" portion of a customer's bill - will decrease by 16% for Eversource customers and 14% for UI customers.
"The changes will decrease monthly electric bills by over $9.50 for a typical Eversource residential customer and $9.00 for a typical UI customer using an average of 700 kWh of electricity a month," PURA said in a statement.
PURA said that on average, electricity rates as a whole will decrease starting July 1, however, a customer’s total bill may increase or decrease depending on individual energy usage each month.
Average standard service generation rates in the state are adjusted in January and July. In July, rates decrease and in January, they go up.
Nearly 80% of the state's residential customers receive the standard service generation from Eversource and UI. The others receive their electricity through a licensed supplier.
Ratepayers can compare Eversource and UI standard service generation rates to licensed electric suppliers' current offers on Connecticut's official generation rate board at www.energizect.com.
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