Eversource, UI rates in CT have risen and fallen over the past decade

According to Connecticut’s Public Utilities Regulatory Authority (PURA), electricity generation rates for Eversource customers have increased about 59 percent over the past 10 years, from 7.6 cents per kilowatt-hour in the second half of 2013 to 12.1 cents per kilowatt-hour kilowatt hour in 2013 second half of 2022, while United Illuminating residential electricity generation rates increased about 38 percent over the same period.

However, these increases have been relatively small from year to year, with interest rates rising some years and falling others, depending on a variety of factors.

That appears to be changing next year, as Eversource will increase its standard residential service price to 24.2 cents per kilowatt-hour from 12.1 cents per kilowatt-hour, and UI expects its standard service price to increase from 10.62 cents per kilowatt-hour 21.94 will rise. Generation tariffs are one of two inputs in a typical electricity bill, along with distribution tariffs.