The Public Utilities Regulatory Authority (PURA) today approved reduced generation rates for residential and business customers taking Standard Service generation from Connecticut Light & Power (CL&P) or United Illuminating (UI).
As a result of PURA’s action to approve requests submitted by the two companies, effective January 1, 2012:
- CL&P’s residential generation rate will decrease about 1.2 cents per kilowatt-hour (kWh), from the current rate of 9.482 cents/kWh to 8.279 cents/kWh. The generation cost for a CL&P residential customer using 750 k/h would decrease by about $9 a month.
- UI’s residential generation rate will decrease 1.8 cents/kWh from the current rate of 10.616 cents/kWh to 8.727 cents/kWh. The generation cost for a UI residential customer using 750 kWh would decrease by about $13.50 a month.
Similar reductions will be applied to generation rates for business customers taking standard service from the state’s two largest electric utility companies. CL&P business customers will see a reduction of about 1.4 cents/kWh while UI's business customers will see a reduction of about 1.8 cents/kWh.
The generation rate – which recovers the cost to generate electricity at power plants – makes up more than 50% of the monthly electric bill for most residential users.
Other charges on electric bills that recover the cost to deliver electricity – which will be adjusted by the PURA for 2012 in December – include distribution and public benefit charges. Delivery costs also include transmission charges, which are set by the Federal Energy Regulatory Commission.
Approximately 53% of the Connecticut’s 1.5 million residential customers take standard service generation from CL&P and UI. The remaining residential customers have opted to have their electricity provided by other approved electric suppliers, which can further reduce generation rates for consumers.
Even though CL&P and UI’s generation charges are being reduced , consumers should consider all available generation offers to obtain the most suitable and cost effective plan for their household. Helpful information about choosing an electric supplier can be found at www.ctenergyinfo.com
- just select Choosing An Electric Supplier.
PURA officials noted that generation charges have steadily declined since 2006 when the cost to generate electricity dramatically increased. They said today’s reductions are attributable to the ability of CL&P and UI to purchase power at lower cost due to the decline in natural gas prices and to a decrease in congestion fees
The Connecticut Energy Efficiency Fund is offering financing to Connecticut Light and Power and United Illuminating customers who own and occupy your single family, duplex or vacation home. You can borrow between $2,500 to $20,000 for qualifying improvements provided by an approved contractor.
- This program is designed to encourage comprehensive retrofits, which means reducing heat loss through measures like air sealing, insulation and sealing air ducts, as well as upgrading heating and cooling systems. If you undertake a comprehensive project you can get 0% interest for loans between $7000 and $20,000 or 2.99% for loans between $2500 and $6999.
- If you do single measures, like insulation, hot water heating, air sealing, duct sealing or replace heating and cooling equipment, the interest rate is 2.99% for loans between $2,500 to $20,000
- First you need to do the Home Energy Solutions in-home assessment which will help you determine which additional measures you need and also provide rebates for insulation and appliances. Call 1-877-WISE-USE to schedule an appointment. The co-pay is just $75 for all CL&P customers and $75 for UI customers heating with electricity or natural gas. UI customers heating with oil or propane currently have to pay $300.
- Have you done Home Energy Solutions and know which energy upgrades you need? Visit http://www.ctenergyloan.com/ and apply for a loan online or by calling 1-888-232-3477.
Solar lease program extended
The Clean Energy Fund's residential Solar Lease Program enables homeowners to install solar power systems at no upfront cost with fixed payments over 15 years. Due to high demand, the Solar Lease Program was suspended as of December 31, 2009. On July 15h, the Clean Energy Fund announced a temporary reopening for approximately 100 new leases.
Get started: contact a solar installation company today to assess your home and its suitability for solar. Visit www.ctsolarlease.com for details and application instructions.
The Connecticut Clean Energy Fund is offering weatherization and energy saving services to income-eligible electric, natural gas and oil heat customers. Specialists will assess your home's energy efficiency and perform a wide-range of services including,
- Installing compact fluorescent lightbulbs (CFLs)
- Caulking leaks in windows and doors
- Installing water-saving faucet aerators and showerheads
To find out more about the program and see if you qualify, please visit the official WRAP website
The Cheshire Public Library has an array of solar panels on its roof that are generating electricity for the library. The solar panels were awarded to Cheshire because enough residents signed up to receive electricity from renewable energy sources. The attachment below details the amount of electricity generated by the panels in select months and how much money they've saved the town and how much they've reduced emission of greenhouse gases. Find out how you can sign up to use Clean Energy
Cheshire was recently awarded a grant of $108,000 to pay for programs that will increase energy efficiency and conservation. The grant will fund equipment that regulate the activity of computers, TVs and vending machines in the public schools and pay for retrofitting of lighting in the Cheshire High School auditorium. A complete list of the programs funded by the grant and their energy and financial savings can be found in the attachment below. The grant was part of the American Recovery and Reinvestment Act of 2009.
Yankee Gas begins the year moving forward with the Waterbury-to-Wallingford gas line project to enhance our distribution system's reliability and flexibility and to bring natural gas to new areas. The new 16-inch steel pipeline will run 16 miles. Construction will begin at our Waterbury Area Work Center on Eagle Street. The liquified natural gas (LNG) plant in Waterbury was originally built to accommodate expansion and increased sendout. Yankee Gas will be adding a vaporizer, glycol heater and in-tank pump, all within the plant's original design parameters. The new line will:
· Connect two large load centers and allow the LNG plant to serve the Cheshire/Wallingford area
· Resolve a system pressure constraint in the South Meriden/Cheshire area, improving Yankee Gas' ability to provide gas service to homes and businesses in the area
· Provide increased tax revenue, without burden on town services, for area towns along the route
· Bring construction jobs to the area.
Plug-in hybrids and battery electric vehicles (EVs) are expected to account for 20 percent of the global market by 2030. A report by Boston Consulting Group said batteries for EVs were expected to remain expensive and depress the market share for the technology. Wrote Wired: "Automakers and most EV advocates expect battery costs to come down sharply as the technology advances and the cars catch on. Automakers point to the consumer electronics industry when they say battery costs could fall to as little as $250 a kilowatt-hour." (Wired Magazine, http://www.wired.com/autopia/2010/01/market-share-electric-plug-in-hybrids/)
The federal government has made available tax credits for home improvements that increase the energy efficiency of your home. Potential improvements include new doors and windows, insulation, heating and air conditioning systems and more. Learn more here.
The Connecticut Clean Energy Fund has announced new funding for its residential solar rebate program. This initiative is designed to help homeowners, businesses and institutions “go solar” with hot water systems. Find more information here.