Find Your Daily Voice
GO
Tag:
Millstone Nuclear Power Plant
Hartford, CT
On Your Side
Relief: Eversource Agrees To Temporarily Drop Rate Hikes
Amid mounting customer complaints and an investigation launched by the state’s Public Utilities Regulatory Authority (PURA), Eversource is giving its customers a break on their bills. By Friday, Aug. 7, Eversource said it would temporarily roll-back increases to four rates that went into effect on July 1. The company also cited the negative economic impact COVID-19 has had on many people as another reason for the rollback. “In light of PURA’s order and based on the fact that many of our customers are experiencing an unprecedented financial hardship due to the impacts of the COVID-19 pandem…
Hartford, CT
On Your Side
Eversource Is Under Investigation Over Hike In Connecticut Electricity Rates
The Connecticut Public Utilities Regulatory Authority is investigating the reasons behind skyrocketing electricity charges to Eversource customers. On Wednesday, July 29, politicians asked the authority to investigate Eversource. And on Thursday, July 30, State Rep. Liz Linehan said that the state Public Utilities Regulatory AuthorityAurhotity has accepted the case. The rate increase went into effect on July 1, but people are just now getting their first bills featuring the higher price. Customers have taken to social media to complain about their bills going up by tens to hundreds of dolla…
Greenwich, CT
Breaking News
Eversource Customers Hit With Increase On Their Electric Bills
Eversource has drawn the ire of its Connecticut customers who have just seen a sudden uptick in the price of their electric bills. There was an uproar from customers after seeing a rate increase earlier this month due to what Eversource says is a state-mandated agreement with the Millstone Nuclear Power Plant to purchase power. The rate increase took effect as of Wednesday, July 1. According to reports, some customers have seen their bill increase by more than $100. As part of a deal to keep the Millstone Nuclear Plant from closing early and taking one-third of the state's electric supply…
Hartford, CT
On Your Side
Eversource Stock Value Shoots Up: Residents, Politicians Complain Of Skyrocketing Bills
Amid customer complaints of jacked up electric bills, Eversource Energy had a great day on the stock market, July 28. Eversource was among the “biggest risers” on the S&P with the company’s stock value going up by 1.6 percent from $88.56 to $90.14 per share and some 1.28 million shares trading hands, according to Equities News. Shares gained $1.44 by day’s end. Meanwhile, customers are angry about large increases in their electricity bills and state law markers are calling the power provider out. “Connecticut residents already pushed to financial limits because of the pandemic, now …
