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CT Electric Rate Review

What is Going On?

On Wednesday, May 20, we informed state regulators that we plan to file for an update to our electric delivery rates — our first request to review these rates since 2017.  

Over that time, we've continued investing in Connecticut's electric distribution system to make it safer, stronger and more reliable. These investments are making a difference: reliability has improved by 15%. 

Why Does This Matter Now? 

Connecticut's energy needs are evolving and changing. Wires and poles are aging, demand is growing and the state is seeing continued expansion in housing, business, electrification and clean energy.

To keep pace, we need an electric grid that supports reliability, affordability and long-term economic growth — not just today, but for the years ahead. 

This is not just about rates — it’s about our commitment to you and ensuring the entire electric system has what it needs to meet future demand, and keep your life moving without interruption.

Throughout this process, we will work with state leaders to prioritize reliability, resiliency and affordability. The decisions made throughout this process will help determine how prepared the state's electric system is in the years ahead.

What Part of Your Bill Does This Affect?

This proposal focuses on the local delivery portion of your bill — the costs of maintaining poles, wires, substations and other infrastructure that delivers electricity to your business.

Over the past several years, you have experienced significant rate and cost fluctuations on other parts of your bill, like supply and public benefits. By contrast, local delivery costs have been relatively stable over time, and we are making a proposal to continue that stability. 

What Does This Mean for You?

Proactive investment in the electric system leads to fewer and shorter outages and supports housing growth, economic development, electrification and clean energy goals — while controlling costs and focusing on affordability over the long-term. 

Maintaining the high level of reliability our customers and communities have come to expect — and minimizing disruption for families and businesses requires continued, targeted investment.

What Happens Next?

This filing begins a public review process — it doesn’t determine the outcome.

We'll submit a full rate review proposal this summer. Regulators will review the proposal in detail, gather input from customers, communities and others, and evaluate the evidence before making a final decision. This structured process takes about a year. Any approved changes would take effect in summer 2027. 

We're committed to transparency and will keep you informed every step of the way.