{"id":2527,"date":"2024-10-14T14:33:15","date_gmt":"2024-10-14T19:33:15","guid":{"rendered":"https:\/\/www.ctenergyratings.com\/blog\/?p=2527"},"modified":"2025-05-13T15:58:41","modified_gmt":"2025-05-13T20:58:41","slug":"ui-requests-9-rate-hike-on-customer-bills","status":"publish","type":"post","link":"https:\/\/www.ctenergyratings.com\/blog\/ui-requests-9-rate-hike-on-customer-bills\/","title":{"rendered":"UI Requests 9% Rate Hike on Customer Bills"},"content":{"rendered":"\n

Will UI Raise Customer Bills?<\/h2>\n\n\n\n
\"UI
UI customers in New Haven may have to pay 9% more for their electricity this winter. Find out what’s behind this new increase and how it may affect all CT rates.<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n

There’s nothing spookier this month except how high CT electricity bills<\/a> can be. But it can still get worse for United Illuminating<\/a> (UI) customers if the utility gets its way. UI has recently requested a staggering rate hike that could cost you big if their request is granted by the PURA. But if you’re looking for the lowest electric rates<\/a> in the New Haven area, UI’s increase is pretty upsetting. So, let’s dig further into the UI 9% customer bill rate hike.<\/p>\n\n\n\n

Why UI Requests 9% Rate Hike<\/h3>\n\n\n\n

Early this month, UI announced their rate hike request<\/a>. UI states that they want to raise $105 million in new revenues and would have to raise rates by 9.3% to get it. The utility claims that the money would be needed to cover several infrastructure projects including rebuilding the Old Town substation<\/a>. <\/p>\n\n\n\n

However, this motive has come under fire.<\/p>\n\n\n\n

You may recall that last year, PURA cut back UI’s $130 million revenue increase request to just $22 million. In response, UI appealed the PURA decision in court. Then, late last year, UI requested an interim rate relief<\/a>. PURA denied this request this past January. All the same, UI argues that deferring cost recovery has been behind the rate increase requests all along.<\/p>\n\n\n\n

It’s important to note that this increase would affect the distribution part of your bill. This means that everyone would have to pay it, even if you get your electricity from a 3rd party energy supplier<\/a>.<\/p>\n\n\n\n

How Much Could UI Bills Rise?<\/h3>\n\n\n\n

The average CT home uses close to 750 kilowatt-hours (kWh)<\/a> of energy per month. According to UI, this rate increase could add between $25 and $30<\/a> to the average bill. As you can guess, this amount could rise sharply during the summer and winter months when homes use more energy for heating and cooling.<\/p>\n\n\n\n

The shocking part of this proposal is that UI only has about 341,000 customers. Despite this, these customers pay an average of $275 per month for their power!<\/p>\n\n\n\n

Lawmakers Respond To UI Rate Request<\/h3>\n\n\n\n

Attorney General William Tong<\/a> has called the UI requested hike tone-deaf, saying, “Electric rates are through the roof right now and consumers cannot afford to pay more.” As a result, the request will be deeply scrutinized for fairness. Thankfully, even if it is approved, the rate increase wouldn’t take effect until the end of next year.<\/p>\n\n\n\n

Meanwhile, state lawmakers argue that the high bill problem will keep hitting CT customers. Many have urged Governor Lamont and state legislature to hold a special session to find lasting solutions to the energy cost crisis.<\/p>\n\n\n\n

What UI Customers Can Do Today<\/h3>\n\n\n\n

Keep in mind that most US homes use nearly 3% less energy between 2015 – 2023. Despite this, bills have increased by 27% as utility rates rise<\/a> more each year. So, while the UI rate hike plays out, UI customers may be able to cut down on their bills by shopping for cheap electricity rates<\/a>. Right now, we are in the shoulder month period when CT rates tend to be at their best. <\/p>\n\n\n\n

That’s why you should shop for the cheapest rates at https:\/\/www.ctenergyratings.com<\/a>. You can also count on us for the news that could affect your bills.<\/p>\n","protected":false},"excerpt":{"rendered":"

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