Democrat officials in Connecticut, the state’s electric power giants, and their allies in the media are blaming a 50 percent increase in electric prices this winter in the state on Russia’s war with Ukraine, a reliance on fossil fuels, particularly natural gas, and the fact that Connecticut has a deregulated electricity market.
In a press release, dated November 17, state Attorney General William Tong (D) announced that, effective January 1, Eversource will double its rates from 12.05 cents to 24.2 cents per kWh, and United Illuminating will also double its rates from 10.6 cents to 22.5 cents per kWh.
Read More
