Friday, December 08, 2006

Electric Rate Hikes in CT
Urging reform of the electricity system, Attorney General Richard Blumenthal asked state utility regulators Thursday to require the two biggest power companies in Connecticut to absorb the cost of delaying upcoming rate increases.

The request was included in his filings with the Department of Public Utility Control that call for the deferral of rates increases for United Illuminating and Connecticut Light & Power scheduled for Jan. 1. Blumenthal claimed the companies failed to fight for reform of the state's electricity system that has seen customers' bills rise along with the companies' cost of buying power since the industry was deregulated.