- United Illuminating and Connecticut Light & Power Co. are grappling with costs from Hurricane Sandy and may have to maintain their rates, which are already among the highest in the country.
- The state's residential electricity rates are 40 percent higher than the national average and fourth highest in the country.
- Unlike Irene, it is unlikely that Connecticut customers who lost power will be given rebates, although regulators are holding hearings on whether utilities should have to reimburse residents for food losses during lengthy power outages.
From the article:
Customers of United Illuminating Co. will have to lessen their expectations for a significant reduction in electricity rates in 2014 -- among the highest in the nation -- as the destruction brought on by superstorm Sandy prompts company executives to seek increases to offset restoration costs. ...