Lawmakers Consider Bill to Cap Electric Rates

A bill that would cap charges for electric services paid by residential customers is moving through the Connecticut General Assembly.

The legislature's Energy and Technology Committee on Tuesday approved a bill capping the monthly, fixed charge at $10. The bill now awaits further action in the Senate.

Politicians and consumer groups voiced concerns about a recent state decision to increase the fix charge imposed by Eversource Energy from $16 to $19.50. Eversource originally requested a $25.50 charge, saying the revenue is needed to cover the utility's expenses.

Some lawmakers voiced concern that some customers might ultimately bear the financial burden of the proposed cap. Rep. Lonnie Reed, the committee co-chairman, said the bill is still being negotiated.

The panel also voted to prohibit variable electric rate contracts for residential customers.