UI Rate Increase Filing: CT Senate GOP Statement
October 1, 2024Sen. Ryan Fazio, Sen. Tony Hwang and Sen. Stephen Harding issued the following statement regarding United Illuminating’s decision to return to state regulators to ask for another $105 million in revenue to be raised through customer electric rates.
“The family budget hits to ratepayers will keep on coming if Connecticut’s state elected officials continue to do nothing about this emergency. In other words: ‘Get used to it. Grin and bear it.’ Democrats control all levers of political power in Connecticut. They don’t see the need, or the urgency, to hold a special session at the State Capitol to stop the bleeding. So, the bleeding will continue, u.
“Republicans will continue to press for the common sense solutions we have been offering for more than a year and a half. Sadly, our reasonable ideas to provide relief to struggling families are dismissed again and again. We are heading into colder weather, and then winter. Ratepayers must now brace themselves.”
Sens. Hwang and Harding earlier this month urged state officials to go over the petition of the proposed acquisition by Iberdrola of all remaining shares of Avangrid “with a fine-toothed comb”, adding that the proposed acquisition “raises many questions regarding transparency, costs going forward, and consumer rights.”