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Showing posts from August, 2020

On Subsidizing Millstone

July 2020 was the month that a lot of Connecticut residents noticed a significant increase in their electricity bills. The reason turns out to be that CT's Public Utilities Regulatory Authority (PURA) approved (and the governor signed) in September 2019 a requirement that Eversource and United Illuminating - CT's two major power providers - purchase electricity from the financially-torn Millstone Nuclear Power Plant. Governor Lamont Applauds PURA Approval of Millstone Contract Between Dominion, Eversource, and United Illuminating Of course, as soon as everyone saw their monthly bills increase - about 7c/kWh or almost 50% - the screaming started and "investigations" were called for and as of this post it is rumored to get rolled back, at least temporarily: PURA to investigate Eversource Energy rate hikes